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Winter-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. Explain the various financial functions within the healthcare
organisations.
Answer. Mentioning the categories of financial functions in healthcare
organizations:
Financial functions in healthcare organisation can be categorized under the following
categories:
1. Controllership
2. Treasurership

Q2. Explain the claims process in healthcare organisations.


Answer. Explaining the claim process for cashless hospitalization and claim
reimbursement:
Cashless hospitalization
To avail cashless hospitalization treatment at network hospitals:
Step 1: The insurance company provides the list of network hospitals offering cashless
facility for treatment.
Step 2: The claimant needs to produce the insurance health card at the hospital.

Q3. Discuss the types of taxes. Add a note on service tax on healthcare
organisations.
Answer. Types of taxes:
There are basically two types of taxes, Direct and Indirect taxes. Direct taxes are
collected by the government directly from the tax payer through levies such as
income tax, wealth tax and interest tax. Whereas indirect taxes are collected
indirectly as a part of prices of goods and services on which these are levied. Some of
the taxes that are levied in India by the government:

Q4. Explain different methods of evaluation of healthcare services.


Answer. Listing the different methods of evaluation of healthcare services:
1. Marginal analysis
2. Cost-effectiveness
3. Cost-benefits analysis
4. Cost-utility analysis

Q5. Define cost accounting. Explain the various categories of costs.


Answer. Definition of cost accounting:
Cost accounting is the classification, recording and appropriate allocation of
expenditure for the determination of the products or services, and for the suitable
presentation of data for the purpose of control and management. The cost accounting
normally includes the cost of job or contract, batch, process and so on. Cost
accountancy is the combination of both the application of costing and cost accounting
principles, methods, techniques to science, art and practice of cost control and
ascertainment of profitability.

Q6. Explain the importance of healthcare planning. Add a note of types of


healthcare planning.
Answer. Importance of healthcare planning:

Healthcare planning is done to meet the health care needs of target population. There
are a wide variety of health care systems around the world. In some nations, the
healthcare system planning is distributed among market participants, while in others
planning is made more centrally among governments, trade unions, charities,
religious, or other coordinated bodies to deliver planned health care services targeted
to
ded to an individual patient.

Winter-2015
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each.
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09882243490

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