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3 years ago

The example of Arvind Eye Hospitals in India demonstrates the use of recombinant innovation to:_______

Business

1 answer:

docker41 [41]3 years ago

4 0

Answer:

b. Achieve operational excellence in order to reduce costs and thereby pass on the savings to patients

Explanation:

Arvind Eye Hospitals in India demonstrates the use of recombinant innovation. This innovation helps in making healthcare easier and more successful.

The innovation also serves as an operational excellence in order to reduce costs which causes a ripple effect in passing on the savings to the patients in question.

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What do you believe are the two most significant components of the medical billing workflow?

monitta

Answer:

Explanation:

Six critical components for medical calculation (the first two are the most important):

1: Eliminate confusion that it is really an invoice.

Insured patients often receive two service-related communications - a certificate of benefit from an insurance company (EOB) and an invoice from a health care professional. EOBs usually include service history, work done, who the provider is, the amounts allowed under the insurance plan, adjustments, deductions and patient liability.

2: Make sure the patients know what the invoice is.

For recurrent patients, there may be confusion as to what service or design the bill is about. Specify the date of service, medical care, and services provided so that the patient can see the amount paid.

3: Provide clear line items showing prepaid patient payments (co-payments) and contributions from the insurance company.

Explain to patients what credits are already used in the invoice. This can help insurers understand what they contribute, personal responsibility, and promote timely payments.

4: Provide invoices as patients wish to receive.

For some patients, paper invoices may be the method they choose to consult with health care providers. For others, electronic invoices may be more appropriate. Paper sheets can offer patients the opportunity to pay by check, write their payment card information, or use an online portal that supports one-time guest payments. Electronic invoices can reduce the cost of printing and shipping paper invoices, eliminate delays in document invoices, and provide direct access to online portals where they can edit and manage their billing practices.

5: Provide patients with different options to pay.

As patients prefer paper or electronic invoices, they have choices about how they want to pay. Some love the convenience of paying with a credit card, while others may opt for cash, check or debit card transactions. From billing solutions that support multiple payment methods and payment channels to credit card transactions on mobile devices, one billing solution can increase your ability to pay on time.

6: Help patients along the way.

No matter how much a health worker strives to meet the needs of his patients, patients will have questions regarding referral reports. Useful support professionals (both online and by phone) can provide easy access, help patients better understand their laws and encourage their timely payment.

5 0

3 years ago

Which one of the following combinations of firms would benefit the most through the use of complementary resources? a ski resort

tekilochka [14]

Answer:

a golf resort and a ski resort

Explanation:

Complementary resources are those ones that can substitute for each other, and when taken together consumer uses less of both resources than when they are taken seperately.

A ski resort and a golf resort are both facilities that are used by sports enthusiasts.

So for example if there are 40 sports enthusiasts they can use the golf resort, the ski resort, or a combination of both.

5 0

3 years ago

In the order fulfillment process, which step entails putting an order in the system?

kap26 [50]

The answer is b : enter the order

5 0

3 years ago

Places where early peoples met and traded developed into __________.

Cloud [144]

I believe the answer would be Trade Routes, however take that with a grain of salt because it may be wrong.

6 0

3 years ago

Bill’s Bakery has current earnings per share of $3.06. Current book value is $5.00 per share. The appropriate discount rate for

o-na [289]

Answer:

For this case let X represent the earnings per share. And we know that:

$X_0 = 3.06$ represent the earnings per share at year 0

The increasing factor on this case is i = 3.3% = 0.033

So then we can find the earnings per share at year 1 like this:

$X_1 = (1+i) x_o = (1+0.033)*3.06 = 3.16098$

Then we can use the dividen growth model given by the following expression:

$P0 = \frac{X_1}{R-i}$

Where P0 represent the share price and R=12% =0.12 the discount rate and if we replace we got:

$P0 = \frac{3.16098}{0.12-0.033}= 36.3331$

So then the share price for Bill's Bakery on this case would be $ 36.33

Explanation:

For this case let X represent the earnings per share. And we know that:

$X_0 = 3.06$ represent the earnings per share at year 0

The increasing factor on this case is i = 3.3% = 0.033

So then we can find the earnings per share at year 1 like this:

$X_1 = (1+i) x_o = (1+0.033)*3.06 = 3.16098$

Dividend growth model is defined as a valuation model, used to "calculate the fair value of stock, assuming that the dividends grow either at a stable rate in perpetuity or at a different rate during the period at hand".

Then we can use the dividend growth model given by the following expression:

$P0 = \frac{X_1}{R-i}$

Where P0 represent the share price and R=12% =0.12 the discount rate and if we replace we got:

$P0 = \frac{3.16098}{0.12-0.033}= 36.3331$

So then the share price for Bill's Bakery on this case would be $ 36.33

6 0

3 years ago