Emergency Health Services – Financial Management (coursework)

 Answer the following questions completely, using citations and references as appropriate. Then, complete the mandatory question at the end.

Each question should be a cohesive, thought-out “essay” not just bulleted or shortened answers.

Section 1

1. Discuss how each of the following are major factors that affect EMS services: personnel, call volume, time on call, level of service, quality of service and response time. THEN, explain cost vs outcome. 

*(look in the attachment to help you in answering this question)

Section 2

-Choose one question from the following:

1. Describe the historical development of, and programs administered by, the Centers for Medicare and Medicaid Services.

2. Describe how fiscal planning affects EACH of the 14 attributes of an EMS system. (the 14 attributes are in this link https://one.nhtsa.gov/people/injury/ems/agenda/emsman.html)

Mandatory

Define AND discuss the following terms as they apply to EMS:

1. Gross costs

2. Net Costs

3. Profit Margin

4. Overhead

5. Capital Expenditures

6. For Profit vs Non-Profit

7. Accounts Payable

8. Accounts Receivable

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