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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
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ASSIGNMENT
DRIVE SUMMER 2016
PROGRAM Master of Business Administration in Healthcare Services
Management – MBA(HCS)
SEMESTER Semester 3
SUBJECT CODE & NAME MH0054 – Finance, Economics and Planning in Healthcare
Services
BK ID B1215
CREDITS 4
MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Question.1. Explain medical billing process in healthcare
organisations.
Answer:The medical billingprocessisnotundertakenbya single individual.Medical coding involves
frontoffice administrators, such as receptionists, as well as back office staff, including the medical
biller and coder. It is important to understand every step of this process if you intend to pursue a
career in medical billing and coding. For the purposes of this lesson, we will cover the end-to-end
process of medical billing as a whole, and not just the responsibilities of the biller and coder.
The primary job of medical billing specialists is to:
Question.2. Explain cost allocation in healthcare organizations.
Answer:Costaccountinginhealthcare has never been more important, but is often considered too
difficult, expensive or resource intensive for many healthcare organizations. Additionally, other
critical applications such as EMRs have been the primary focus and resource drain over the last

2. decade. However, our industry is undergoing significant change and pressure is coming from all
stakeholders to lower the cost of healthcare. For those
Question.3. Throw light on the incentives available for healthcare
sector under the Income Tax Act.
Answer:The concerned division of the Department of Revenue, in a quiet announcement on the
department’sownwebsite,hasstatedthatvarioustax incentives and deductions under the Income
Tax Act are being reviewed, and in this regard it would like to invite comments “with supporting
rationale” for their removal or continuance.
But the manner in which the notice has been put up leaves much to be desired. The notice states
that “the Governmentiskeentoinvolve all stakeholdersinthis exercise.” If it is so keen, how come
no one has heardof thisquietexercise?EvenD.N.I.S.gotthisinformationverylate.If the concerned
department was genuinely looking for views, the announcement
Question.4. Explain budgeting techniques in healthcare services.
Answer:Duringthe lastdecade there hasbeena recognitionthatall health care systems, public and
private, are characterised by perverse incentives (especially moral hazard and third party pays)
which generate inefficiency in the use of scarce economic resources. Inefficiency is unethical:
doctors who use resources inefficiently deprive potential patients of care from which they could
benefit.Toeradicate unethical andinefficientpracticestwoeconomic rules have to be followed: (i)
no service shouldbe providedif its total costs exceed its total benefits; (ii) if total benefits exceed
total costs, the level of provision should be at that level at
Question.5. Explain different methods of evaluation of healthcare
services.
Answer:Healthcare evaluationisthe critical assessment,throughrigorousprocesses,of anaspect of
healthcare to assess whether it fulfils its objectives. Aspects of healthcare which can be assessed
include:
 Effectiveness – the benefits of healthcare measured by improvements in health
 Efficiency – relates the cost of healthcare to the outputs
Question.6. Explain the importance of healthcare planning. Add a
note of types of healthcare planning.

3. Answer:Health care or healthcare is the maintenance or improvement of health via the diagnosis,
treatment,andpreventionof disease,illness, injury, and other physical and mental impairments in
humanbeings.Healthcare isdelivered byhealth professionals (providers or practitioners) in allied
health professions, chiropractic, physicians, physician associates, dentistry, midwifery, nursing,
medicine,optometry,pharmacy,psychology,andotherhealthprofessions.Itincludesthe work done
in providing primary care, secondary care, and tertiary
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )