History of Health Care Economics

controlling -To exercise authoritative or dominating deviate over; direct decision making- the cognitive process of making a decision Organizing-To put to prevailher into an orderly, functional, structured whole Planning-scheme, program, or method worked aside beforehand for the accomplishment of an objective Balance sheet-A quantitative summary of a companys financial condition at a specialized point in time, including assets, liabilities and net worth revenue cycle-All administrative and clinical functions that contribute to the capture, management and collection of patient service revenue Payer mixer- Medical practice The typeeg, Medicaid, Medi flush, indemnity insurance, managed careof monies received by a medical practice. Patient mix, servicing mix Revenue-All the income produced by a spellicular source. capital of the United States calculate expenditure- Capital expenditures are payments made over a period of more than one year. They are used to acquire assets or reform the useful life of existing assets Flexible budget- a budget that consider different levels of production or sales.

A plastic budget makes different amounts available to departments depending on what production or sales are realized Operating budget-estimate regarding the size and sources of succeeding(a) income, and the amounts and types of future expenses necessary for the day-to-day ope dimensionn of a business or project Responsibility center- Forecast- Stock analysts use various forecasting methods to agree future stock price movements, earnings, etc Full time equivalent- The ratio of the total number of paid hours during a period part time, full time, contracted by the number of working hours in that period Mondays through Fridays Staffing-The selection and training of individuals for specific trick functions, and charging them with the associated responsibilities Electronic health records-An electronic health record (EHR) is an prescribed health record for an individual that is shared among multiple... If you want to get a full essay, order it on our website: Ordercustompaper.com

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