Some of the confusion arises because competition has a narrow meaning within the economics literature that is often confused with its more common usage, even by economists. The paper sorts out the major distinctions that must be made in any discussion of hospital competition.Hendricks, A....
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The process of linking purchasing andaccounts payablesystems to increase efficiency is known as procure-to-pay. It is part of a widerprocurement managementprocess that has four stages: choosingproductsand services, enforcing compliance and order, receiving and reconciliation, and invoicing andpayment. P...
During the closing process, all parties complete many important tasks. Unless they’re paying in cash, the prospective buyer will secure homeowners insurance and themortgageneeded to purchase the property. There will be an appraisal of the home and an independent third-party inspection of its condi...
A franchise feeis what a prospective franchisee owes to the franchisor for the rights to use the franchise brand and franchise system. Typically the franchise fee refers to a one-time payment paid in the beginning of the relationship. But there are also ongoing franchise fees. ...
What payment gateway options are there? The business benefits of payment gateways Getting started with payment gateways Getting started with payment service providers Which payment gateway should I choose? GoCardless can help you get paid. Understanding an online payment gateway is a vital part of ...
What is a back order? A back order, also known as a company’s backlog, is when a product currently is not in stock but will be available in the future. Typically, you take the customer’s payment details to guarantee the product’s delivery to the buyer as soon as it is available...
In recent decades there has been a global rise in consumption of ultra-processed foods (UPFs) to the detriment of population health and the environment. Large corporations that have focused heavily on low-cost manufacturing and extensive marketing of UPF
Medicare’s Inpatient Prospective Payment System pays your hospital per hospitalization, regardless of actual resource utilization. For example, a patient with “simple pneumonia and pleurisy with a major complication or comorbidity” (DRG 193), is worth about $8,421. You can either break the prove...
The agency issued the2024 HospitalOutpatient Prospective Payment Systemand2024Physician Fee Scheduleproposed rules, both of which are expected to be finalized this fall. Glaukos could be the biggest beneficiary of the proposals among device makers, with an increase in outpatient facility fee rates likel...