Projection of expenses, Question 1: Projection of expenses

Projection of expenses

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Reference no: EM13748670

Question 1: Projection of expenses can begin after completing _________ assumptions.

volume
contractual adjustments
demand
net revenue rate

Question 2: It is estimated that health care spending will increase to _________ by the year 2016.

$ trillion
$4.14 trillion
$1.9 trillion
$3 trillion

Question 3: The United States spent more than _________ on health care in 2004.

$1 trillion
$4.14 trillion
$1.9 trillion
$3 trillion

Question 4: The two trends emerging faster and with more power than in the past are _________ and _________.

genomic medicine; drug therapy.
natural healing; drug therapy.
homeopathy; gene therapy.
defensive medicine; community health.

Question 5: Like revenues, _________ are both fixed and dependent on volume projection.

volume
expenses
demand
net revenue rate

Question 6: _________ drive gross revenues, net revenues, and variable expenses.

Profit
Demand
Volume assumptions
Costs

Question 7: To determine the _________ for a new service, it is essential to be able to estimate the volume of the new service and the cost per unit of the service.

expenses
variable expense
profitability
margin

Question 8: Which of the following expenses is NOT one of the fixed expenses?

marginal spinoff cost
maintenance costs
marketing costs
franchise fee

Question 9: The areas with the greatest expenditure increase between 2004 and 2016 are health care and _________.

education.
drugs.
welfare.
child care.

Question 10: The fixed expenses are generally specific to a program and they do not vary with _________.

expenses.
volume.
profitability.
margin.

Question 11: Discuss the need and usefulness of hospital and physician professional liability (malpractice) insurance in the United States. Does the need for insurance add to or detract from the care that is given?

Question 12: Discuss the future of health care finance. What do you think it will be like in ten years from now?

Question 13: Did this course meet your expectations? What did you like the best about this course? What suggestions can you offer to improve this course?

Reference no: EM13748670

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