Author Question: Choose the options that are examples of the microlevel view of healthcare finance. Select all that ... (Read 46 times)

karen · **on:** Jul 8, 2018

Choose the options that are examples of the microlevel view of healthcare finance. Select all that apply.

1. Capitation
2. Managed care organization
3. Diagnostic-related groups
4. Budgeting
5. Cost center

Question 2

What are the five rights of delegation? Select all that apply.

1. Right person
2. Right time span
3. Right task
4. Right supervision
5. Right location

b614102004 · **Reply #1 on:** Jul 8, 2018

Answer to Question 1

4, 5
Explanation: 1. This is a concept that pertains to the global issues of finance, not the individual organization's finances, so this is a macrolevel issue.
2. This is a concept that pertains to the global issues of finance, not the individual organization's finances, so this is a macrolevel issue.
3. This is a concept that pertains to the global issues of finance, not the individual organization's finances, so this is a macrolevel issue.
4. Budgeting is an example of microlevel finance since it pertains to the organization.
5. A cost unit is the smallest functional unit that can be identified for cost control and accountability. This is an example of microlevel finance.

Answer to Question 2

1, 2, 3, 4
Explanation: 1. The five rights are task, circumstances, person, direction/communication, and supervision.
2. The five rights are task, circumstances, person, direction/communication, and supervision.
3. The five rights are task, circumstances, person, direction/communication, and supervision.
4. The five rights are task, circumstances, person, direction/communication, and supervision.
5. The five rights are task, circumstances, person, direction/communication, and supervision.