MH0054 Finance Economics and Planning in Healthcare
SUMMER-2015
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Master of Business Administration- MBA Semester 3
MH0054–Finance, Economics and Planning in Healthcare-4 Credits
(Book ID: B1215)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Give an account of the incentives available to healthcare sector under the Income Tax Act.
Answer. INCENTIVES UNDER THE INCOME TAX ACT, 1967
1. A. OPERATIONAL HEADQUARTERS (OHQ)
An OHQ generally refers to a company that provides support services to its offices correlated companies regionally and globally.
Q2. What do you mean by health economics? Discuss the role of economists in healthcare industry.
Q3. Discuss the importance of financial information in Healthcare Organisations.
Answer. Importance of financial information in Healthcare Organisations:
Managing the finances of any health care business nowadays is like driving a car with foggy windows. The industry has been changing in big ways since long before the Affordable Care Act took effect. Medicare's coding system for billing and the advent of electronic medical records are examples of these changes. Financial management in health care requires exceptional skill.
Q4. Explain different methods of evaluation of healthcare services.
Answer. Health Care Evaluation: Study design for assessing effectiveness, efficiency and acceptability of services including measures of structure, process, service quality, and outcome of health care.
Steps in designing an evaluation
Firstly it is important to decide which dimensions are to be evaluated? – inputs, process, outputs, outcomes, efficiency etc. Objectives for the evaluation itself should be set (remember SMART) -
Q5. Define cost accounting. Explain the various categories of costs.
Answer. Cost Accounting:-
A method of accounting in which all costs incurred in carrying
Get solved assignments at nominal price of Rs.120 each.
Mail us at: subjects4u@gmail.com or contact at
09882243490
Master of Business Administration- MBA Semester 3
MH0054–Finance, Economics and Planning in Healthcare-4 Credits
(Book ID: B1215)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Give an account of the incentives available to healthcare sector under the Income Tax Act.
Answer. INCENTIVES UNDER THE INCOME TAX ACT, 1967
1. A. OPERATIONAL HEADQUARTERS (OHQ)
An OHQ generally refers to a company that provides support services to its offices correlated companies regionally and globally.
Q2. What do you mean by health economics? Discuss the role of economists in healthcare industry.
Q3. Discuss the importance of financial information in Healthcare Organisations.
Answer. Importance of financial information in Healthcare Organisations:
Managing the finances of any health care business nowadays is like driving a car with foggy windows. The industry has been changing in big ways since long before the Affordable Care Act took effect. Medicare's coding system for billing and the advent of electronic medical records are examples of these changes. Financial management in health care requires exceptional skill.
Q4. Explain different methods of evaluation of healthcare services.
Answer. Health Care Evaluation: Study design for assessing effectiveness, efficiency and acceptability of services including measures of structure, process, service quality, and outcome of health care.
Steps in designing an evaluation
Firstly it is important to decide which dimensions are to be evaluated? – inputs, process, outputs, outcomes, efficiency etc. Objectives for the evaluation itself should be set (remember SMART) -
Q5. Define cost accounting. Explain the various categories of costs.
Answer. Cost Accounting:-
A method of accounting in which all costs incurred in carrying