HS440-4: Evaluate cost accounting and management under rate control and competit

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HS440-4: Evaluate cost accounting and management under rate control and competit

HS440-4: Evaluate cost accounting and management under rate control and competition.
Instructions:
Given revenue/volume graphs for a medical practice using a Fee-for-Service reimbursement model and a practice using a capitation reimbursement model, identify the following items on each graph:
Fee-for-Service expense line
Fee-for-Service revenue line
Fee-for-Service breakeven point
Fee-for-Service profit wedge
Fee-for-Service loss wedge
Capitated revenue line
Capitated expense line
Capitated profit wedge
Capitated loss wedge
Capitated breakeven point
Explain what is meant by a revenue line and expense line in a Fee-for-Service environment and give examples of each.
Explain the meaning of a breakeven point, profit wedge, and loss wedge in the Fee-for-Service graph.
Explain what is meant by a revenue line and expense line in a capitated reimbursement environment and give examples of each.
Explain the meaning of a breakeven point, profit wedge, and loss wedge in the capitated reimbursement graph.
Details:
Use Word to organize your answers. Your answers should include a list of items A-J followed by the name associated with each letter of the alphabet.
Example (these are not accurate answers):
Fee-for-Service profit wedge
Capitated breakeven point
For questions 2-5, us a narrative style to write your answers in your Word document.
Proper notification of any resubmission, repurposing, or reworking of prior work per the Purdue Global Student Coursework Resubmission, Repurposing, and Reworking Policy Resource.
This assessment should be a Microsoft Word.
This assessment should use a capitation reimbursement model that identifes the following:
Fee-for-Service expense line
Fee-for-Service revenue line
Fee-for-Service breakeven point
Fee-for-Service profit wedge
Fee-for-Service loss wedge
Capitated revenue line
Capitated expense line
Capitated profit wedge
Capitated loss wedge
Capitated breakeven point
The assessment explains what is meant by a revenue line and expense line in a Fee-for-Service environment and give examples of each.
The assessment explains the meaning of a breakeven point, profit wedge, and loss wedge in the Fee-for-Service graph.
The assessment explains what is meant by a revenue line and expense line in a capitated reimbursement environment and give examples of each.
The assessment explainsthe meaning of a breakeven point, profit wedge, and loss wedge in the capitated reimbursement graph.
Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your submission should be highly organized, logical, and focused.
Your submission should provide a clearly established and sustained viewpoint and purpose.
Your writing should be well ordered, logical, and unified, as well as original and insightful.
Your submission must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.

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