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Stack #127756

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what type of cost is this
Answer
hospital care   direct medical cost  
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drugs   direct medical cost  
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supplies   direct medical cost  
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transport to site for family   direct non-medical cost  
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lodging for family   direct non-medica cost  
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lost wages   indirect costs  
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impaired physical functioning   intangible costs  
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what are the three components of price (remember this is what the customer pays)   ingredient cost, service cost, net income (what the customer pays is all three)  
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cost to dispense a prescription is what type of component of price   service cost  
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which component of price does the pharmcy pay for the drug product it dispenses   ingredient cost  
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the price the pharmacy pays for the product it dispenses is called what   AAC Actual Acquisition  
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the cost assigned to a product by its manufacturer and is published   AWP average wholesale price. this overstate actual acquistition cost  
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what is established by third-party payers to estimate actual acquistion cost   EAC estimated acquisition cost  
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results directly from providing the service   direct costs  
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costs of labels and containers   direct costs  
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patient education materials   direct costs  
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pharmacy licenses   direct costs  
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the avergae or per unit cost of providing service   service cost-cost to dispense  
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salaries   service cost- cost to dispense  
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rent and utilities   service cost- cost to dispense  
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depreciation   service cost- cost to dispense  
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delivery costs   direct costs  
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computer   direct costs  
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salary costs   indirect costs that are based on ratio fo time spent on dispensing related functions  
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allocated housing related costs   indirect costs and are done by sq ft.  
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advertising   indirect cost  
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how do you calculate the cost to dispense (CTD)   total dispensing related expenses/ expected presciption volume to get dollar amount  
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to get total dispensing related expenses you add what together   direct costs+indirect salary+ indirect hoursing+ indirect other  
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the average amount to be added to ingredient cost if the pharmacy is to break even and is sensitive to prescription volume   cost to dispense CTD  
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when you determine your fair share of indirect cost you are doing   cost allocation  
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pharmacist salary   direct costs  
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techs salary   indirect  
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depreciation   direct  
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machine lease   direct  
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promotion   direct  
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manager salary   indirect  
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where the pharmacist stand to verify the perscription   indirect all housing related costs are indirect  
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the service cost for disease screening is sensitive to what   prescription volume because the formula is total service-related expenses/expected volume of service  
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what type of cost is it that differ among alternative courses of action   differential costs- the costs the pharmacy incurs if it provides the service. In t  
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in the case of screening for disease state the additional costs the pharmacy incurs if it provides the service (differential costs) is equal to   directs costs  
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non cost factors that are important with pharmacy practice include   demand, competition, image, quality signaling, goals, non-monetary costs  
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quantiy what consumers will buy a given price   demand . demand is different form need. need is objective and demand is perceptions  
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demand is function of price. High price   reduces quantity demanded  
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how much the quantity demanded rises or falls with a change in price is known as the   price elasticity of demand  
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what measures how sensitive consumers are to price change   price elasticity  
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consumers select products and services based on what   perception. Perception depends on pharmacy image  
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when a consumers is unable to judge quality what may signal quality to them   price. this happens more for services than for products  
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time costs   non-monetary  
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search costs   non-monetary  
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psychic costs   non-monetary  
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Created by: lainylaina