Reimbursement

The direct reimbursement plan is usually the most preferred compensation policy implemented by many sales managers for their companies (Johnston, Marshall, 2010). This method gives sales managers some control over the extent of sales expenses, and the kinds of events salespeople will be motivated to perform (Webster Jr., 1966). There is not a set monetary limit with this plan. However, the sales managers can determine how much they are willing to allow for these expenses. On the other hand, the…

disadvantages to the payer, the provider and the consumer. This paper will primarily act to define each model and explore their advantages and disadvantages. Kongstvedt notes that the distinction between reimbursement and payment is important in the health care industry. He writes “reimbursement is applied to everyone in the same way… payment on the other hand has far less implications of fairness or equity” (2013). Essentially, this means that…

grievance filed at Meadows Unit, you claim your property is missing after being moved from Rynning Unit to Meadows Unit. You further assert that the staff who conducted your property inventory threw out some of your property. You are requesting reimbursement for the following items: one pillow, six books, one Speed Stick deodorant, one Old Spice deodorant, two lever soap, One Bunch O’Kranch cereal, one salami sausage, one hot summer sausage, two spicy refried beans, one sausage bites, four…

Reimbursement of services provided by hospitals is becoming increasingly dependent on patient satisfaction scores. Hospital Consumer Assessment of Health Care Providers and Systems (HCAHPS) surveys are used to determine patient satisfaction. Most of the questions in this survey are directly related to patient care. Patient satisfaction scores can affect a hospital’s ability to attract patients positively or negatively and increase reimbursements to their facility. During my clinical rotation at…

On behalf of our member companies, the National Association of Chain Drug Stores (NACDS) writes to request a meeting to discuss the importance of fair and accurate reimbursement for community pharmacies for specialty drugs. As we previously noted, addressing both the cost of the drug product and the cost of dispensing is critical to maintaining patient access to Medicaid pharmacy services, especially when considering the increasing cost of providing specialty drugs and services to the Medicaid…

Cost reimbursement is another alternative contract in which the contractor is reimbursed for the actual cost and fixed costs which incurred for the work .Cost-reimbursable contracts might be used for the projects in which the general scope and nature of the work are defined, but there is uncertainty in quantities or execution. This type of contract is risky for client because under cost-reimbursable contracts, all uncertainties in the scope of project are incurred by the client and the final…

concerned millennials than a $5000 scholarship. The employees’ children will be selected based on their grades, achievements, and interest level as indicated by essays they submit to the company. The number of children eligible for the tuition reimbursement will be limited to 10, and will only apply to majors relevant to the…

I am appealing an earlier petition of tuition reimbursement that was denied. They denied it because the health problems where all current and ongoing. While they are not wrong about that I do feel as though they ignored some important key factors in the situation and there has been some new health diagnosis as well. I dropped my Accounting II class and my Computers in Society class, I am just asking for a tuition reimbursement so I can retake them in the following semesters. During fall…

Financial trends and reimbursement changes go hand-in-hand. Healing Hands Hospital relies on revenue from managed care reimbursements, therefore any changes within the managed care system will affect our financial budgets and income. This will affect how we pay our employees and what kind of services we are able to provide. It has major influence on how we deliver and pay for health care products and services. The average length of stay for a patient and its impact on the organizations budget is…

Introduction Healthcare reimbursements are stimulating in our world today because of the new developments and modernization of technology. The way in which care is administered to patients is important because it has a compounding effect to patients’ overall health. In the last sixty years, there has been a drastic change in the healthcare industry for the United States, and there are a number of signs indicating a rapid decline in health insurance coverage (Davis & Schmelzle, 2013). Providing a…