100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MHA 706 Midterm- Lord Questions and Answers (Graded A) $15.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Mha 706
  4.  
  5. Mha 706

Exam (elaborations)

MHA 706 Midterm- Lord Questions and Answers (Graded A)
 10 views  0 purchase
  • Course
  • Mha 706
  • Institution
  • Mha 706

MHA 706 Midterm- Lord Questions and Answers (Graded A)MHA 706 Midterm- Lord Questions and Answers (Graded A)MHA 706 Midterm- Lord Questions and Answers (Graded A)MHA 706 Midterm- Lord Questions and Answers (Graded A) Proprietorships & Partnerships: Pros & Cons - ANSWER-Pros: Ease of Information, S...

[Show more]

Preview 3 out of 20  pages

Document information

  • October 10, 2024
  • 20
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • mha 706 midterm lord questions and answers grade
  • mha 706 midterm lord questions and answers
  • proprietorships partnerships pros cons ans

Written for

  • Mha 706
  • Mha 706

Seller

avatar-seller
NursingTutor1

Reviews received

Content preview

MHA 706 Midterm- Lord Questions

and Answers (Graded A)


Proprietorships & Partnerships: Pros & Cons - ANSWER-Pros: Ease of

Information, Subject to a few regulations, no corporation income taxes.

Cons: Limited life, difficult to transfer, unlimited life, difficult to raise capital.




Corporations: Pros & Cons - ANSWER-Pros: Unlimited life, easy transfer of

ownership, limited liability, ease of raising capital.

Cons: Cost of formation and reporting, double or triple taxes must be paid.




Non-profit Organization - ANSWER-Exempt from taxes. Goal is to improve

community.




For-profit Organizations - ANSWER-(Investor Owned) Goal is to maximize

shareholder return. Owe taxes.

,Medicare reimbursement for different types of providers - ANSWER-Medicare

parts A, B & C.




Medicare Part A (aka Hospital Insurance or HI) - ANSWER-Provides hospital

insurance automatically at age 65 (if FICA qualified) at no fee but may have

deductible & co-pay.




Medicare Part B - ANSWER-The part of the Medicare program that pays for

physician services, outpatient hospital services, durable medical equipment,

and other services and supplies.




Medicare Part C (Medicare Advantage) - ANSWER-•Replaces and covers

expenses found in Part A and B

•Medicare private fee-for-service plans (PFFS)

•Medicare managed care plans (HMOs and PPOs)

•Medicare specialty plans




Medicare—Part D Prescription Drug Coverage - ANSWER-a United States

federal-government program to subsidize the costs of prescription drugs and

prescription drug insurance premiums for Medicare beneficiaries.

, Agency Problem - ANSWER-the possibility of conflict of interest between the

stockholders and management of a firm.




Example: Hire someone to carry out a job function, but they go out of their

interests instead of best interests of company/organization.




Third-party payor system in the US (i.e. private vs public) - ANSWER-Private:

Blue Cross Blue Shield, Commercial Insurers, Self-Insurers. (AETNA)




Public: Medicare and Medicaid-both offer services to different levels. "Safety

net" Lowest reimbursement rates.




Reimbursement methods (fee-for-service vs. capitation) - ANSWER-Fee for

Service: payment is tied to amount of services provided. (Decades ago)

*Dental industry*




Capitation: payment is tied to the size of the covered population (number of

enrollees) Payment is based on per # per month. *Decreasing utilization*

Population is healthier.




Accounting Equation - ANSWER-Assets = Liabilities + Equity

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller NursingTutor1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.49
  • (0)
  Add to cart