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MH0054 _ Finance, Economics and Materials Management in Healthcare Services

MH0054 _ Finance, Economics and Materials Management in Healthcare Services

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Published by MBA HELP


Dear students get fully solved assignments

Send your semester & Specialization name to our mail id
-> help.mbaassignments@gmail.com
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Dear students get fully solved assignments

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-> help.mbaassignments@gmail.com
or
call us at -> 08263069601

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Published by: MBA HELP on Jul 15, 2013
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10/21/2013

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 Dear students get fully solved assignments
 
Send your semester & Specialization name to our mail id
 
-> help.mbaassignments@gmail.com
 
orcall us at -> 08263069601
Summer 2013Master of Business Administration in Healthcare Services Management - Semester 3MH0054
 –
Finance, Economics and Materials Management in Healthcare Services- 4 Credits(Book ID: B1215)Assignment (60 marks)
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.
Q1. What are the different types of budgets? Explain the budgeting process for healthcare services.Answer : Types of budgets :1. Sales budget2. Production budget3. Capital budget4. Cash flow/cash budgetQ2. Explain the concept of demand and supply in healthcare.Answer : Concept of demand in healthcare :
The economic demand of the health sector primarily focuses the ability to cure and care the sick or ill patients in thehospitals, clinics and medical care. As a service-oriented business on health care is supported by the medicalpersonnel such as physicians, nurses, attendants, caregivers and midwives. The demand on health care It is alsopresents the medical inputs in curing illness or disease of the patient such as medicines, laboratory facilities andequipment and other tangible medical products.If an individual decides to be confined
Q3. Define health insurance. Explain the barriers in implementing a social health insurance scheme in India?Answer : Health insurance :
Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating theoverall risk of health care and health system expenses, among a targeted group, an insurer can develop a routinefinance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the healthcare benefits specified in the insurance agreement. The benefit is administered by a central organization such as agovernment agency, private business, or not

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