Hsm 340 midterm exam covering most wide array of subjects and specialization

Hsm 340 midterm exam covering most wide array of subjects and specialization

                                             HSM 340 Week 4 Midterm Exam  

Don't use plagiarized sources. Get Your Custom Essay on
Hsm 340 midterm exam covering most wide array of subjects and specialization
Our work is always; • #Top-Quality • #Plagiarism-free
Order Essay

                                     (HSM 340 Health Services Finance – DeVry)

Page 1

1. Question: (TCO 4) Which of the following is part of a statistics budget?

2. Question: (TCO 4) The following is an example of a _____________ budget: “The budget for the radiology department is different at 90 percent occupancy than at 80 percent occupancy.”

3. Question: (TCO 4) Effectiveness is a relationship between:

4. Question: (TCO 3) What is the main reason that relative value units (RVUs) often are used in health care?

5. Question: (TCO 3) Your controller has told you that the marginal profit of DRG 209 (major joint procedure) for a Medicare patient exceeds the marginal profit for an average charge patient. Why might this occur?

6. Question: (TCO 2) The heading of every financial statement should contain the:

7. Question: (TCO 2) Which of the following is the BEST example of a financial metric?

 

Page 2

1. Question: (TCO 4) Formulate your answer based on the below information. Costs per case increased to $4,900 from a budgeted value of $4,750. This increased actual total costs by what amount?………….You have been asked by management to explain the variances in costs under your inpatient capitated contract. The following data is provided. Use the following data to calculate the variances. Budget Actual

2. Question: (TCO 4) Based on the information below, assume that the only change in the original example data is that Blue Cross raises their discount to 20 percent. What price should be set? You have been asked to establish a pricing structure for radiology on a per-procedure basis. Present budgetary data is presented below:……………It is estimated that Medicare patients comprise 40 percent of total radiology volume and will pay on average $38.00 per procedure. Approximately 10 percent of the patients are cost payers. The remaining charge payers are summarized below:

3. Question: (TCO 4) What is the amount of variance that can be attributed to the difference between budgeted and actual volume? Use the following data to calculate the variances. The following information has been prepared for a home health agency.

4. Question: (TCO 2) Explain the difference between the accrual basis of accounting and the cash basis of accounting?

5. Question: (TCO 2) What is an audit (in the context of financial accounting)?

6. Question: (TCO 1) What are social responsibility and ethics as they relate to business-oriented organizations? How should social responsibility and ethics affect the decisions of even for-profit companies?

7. Question: (TCO 2) Define and describe the purpose of fund accounting (now called net assets).

Place Your Order
(275 Words)

Approximate Price: $9

Calculate the price of your order

275 Words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total Price:
$9
The price is based on these factors:
Academic Level
Number of Pages
Urgency
Principle features
  • Free cover page and Reference List
  • Plagiarism-free Work
  • 24/7 support
  • Affordable Prices
  • Unlimited Editing
Upon-Request options
  • List of used sources
  • Anytime delivery
  • Part-by-part delivery
  • Writer’s sample papers
  • Professional guidance
Paper formatting
  • Double spaced paging
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)
  • 275 words/page
  • Font 12 Arial/Times New Roman

•Unique Samples

We offer essay help by crafting highly customized papers for our customers. Our expert essay writers do not take content from their previous work and always strive to guarantee 100% original texts. Furthermore, they carry out extensive investigations and research on the topic. We never craft two identical papers as all our work is unique.

•All Types of Paper

Our capable essay writers can help you rewrite, update, proofread, and write any academic paper. Whether you need help writing a speech, research paper, thesis paper, personal statement, case study, or term paper, Homework-aider.com essay writing service is ready to help you.

•Strict Deadlines

You can order custom essay writing with the confidence that we will work round the clock to deliver your paper as soon as possible. If you have an urgent order, our custom essay writing company finishes them within a few hours (1 page) to ease your anxiety. Do not be anxious about short deadlines; remember to indicate your deadline when placing your order for a custom essay.

•Free Revisions and Preview

To establish that your online custom essay writer possesses the skill and style you require, ask them to give you a short preview of their work. When the writing expert begins writing your essay, you can use our chat feature to ask for an update or give an opinion on specific text sections.

A Remarkable Student Essay Writing Service

Our essay writing service is designed for students at all academic levels. Whether high school, undergraduate or graduate, or studying for your doctoral qualification or master’s degree, we make it a reality.