Product costing and activity based funding


Please find the answer of the question below and it is need in good quality to provide plagiarism and very important to write references and citation for each answer in APA style.

All the question Relating to Casemix:

Question 1: Define the term 'product costing'?

Question 2: Provide a brief overview of the following funding models:

A) Cost Based Funding
B) Needs Based Funding
C) Population Based Funding

Question 3: What are the benefits of Activity Based Funding?

Question 4: Name the Classification system responsible for capturing the non-acute and sub-acute areas of care (e.g. Palliative, Rehabilitation, Psychogeriatric, Maintenance care types). Why would a different system be needed for non-acute and sub-acute care types as opposed to using the acute classification (AR-DRGs)?

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Cost Accounting: Product costing and activity based funding
Reference No:- TGS0644

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