Question

In: Finance

how would this proposal (to implement a sliding fee scale for patients requiring financial assistance) be...

how would this proposal (to implement a sliding fee scale for patients requiring financial assistance) be different if using a flexed budget vs a fixed budget?

Solutions

Expert Solution

Proposal of implementation of a sliding fee scale for patient requiring financial assistant is different in using a flexible budget because in flexible budget, the focus is on more flexibility and providing more variable cost and adaptation technique for suitability of the product to the organisation.

where as a fixed budget is highly focused at maintaining of its standards, and it is less flexible in nature, so these costs are not predefined easily so they are less likely to incur in a fixed budget than a flexible budget.

Proposal of implementation of a sliding fee scale for patient requiring financial assistance will always be suitable for flexible budget because this sliding fees are more flexible and variable in nature and they will be suitable to those budgets who can easily accommodate proposals, fixed budget is a rigid budget and it is not easy to implement this proposals in fixed budget.


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