Chaps 31-33 answer the following qustions.

Short Answer

1. Summary: In 1 BRIEF paragraph, explain what happened in these 3 chapters.

2. Chapter 31: Chapter 31 discussed the way managerial accounting reports can show what is and is not profitable. Answer the following –

· Refer to the chart on p 247: Calculate the total profit or loss for each DRG AND the overall profit or loss. What should WES do?

· Refer to the 1st chart on p 248: Calculate the total profit or loss for each insurance company AND the overall profit or loss. What should WES do?

· Refer to the 2nd chart on p 248: Calculate the total profit or loss for each doctor AND the overall profit or loss. What should WES do?

3. Chapter 32: discussed ways to improve patient care. Find and attach an article on Outcomes Management, Clinical Protocols or Clinical Pathways. BRIEFLY summarize the article.

4. Chapter 33: discussed a bribe designed to get Wes to let the hospital go under. Look up the Sherman Anti-Trust Act and the Federal Trade Commission Act (Look at the Tab on Competition) and explain why this offer was illegal. Cite your sources.