Which of the following corresponds to a user fee or user charge?
A. A payment for the privilege to use.
B. A cost reimbursement to the government.
C. A charge to individuals that use the service.
D. All of the above.
"D"
All of the above is some type of the user charge that the consumer pay to use the product. The answer is "D"..
Which of the following corresponds to a user fee or user charge? A. A payment for...
Which of the following statements about fee-for-service reimbursement is incorrect? Payment may be cost based. Payment may be charge based. Payment may be on a prospective basis (specified beforehand). Payment may be based on the number of covered lives. Payment may be on a per visit basis.
Which of the following actions are risk reduction strategies for a provider that is exclusively fee for service? a. Convert traditional (fixed) payment leases to per procedure (per use) leases. b. Make maximum use of permanent employees (as opposed to temporary employees that are used when volumes are high). c. Convert fixed costs to variable costs. d. a., b., and c. above are all correct. e. Both a. and c. above are correct.
QUESTION 3 Under which reimbursement system is driving for market share a primary concern, as payment is based on a volume- driven perspective? a. Cost-based reimbursement Fee-for-service Ob. c. Pay for performance Capitation
Which of the following reimbursement and consumer copayment schemes would have the greatest and lowest likelihood of producing high-cost, low-benefit medicine? Explain why. (2+2) A. Fee-for-service plan with 40 percent consumer copayment. B. Fixed-payment plan with 40 percent consumer copayment. C. Fee-for-service plan with zero copayment. D. Fixed-payment plan with zero copayment.
#23 -24 Match the following methods of payment with the descriptions that follow: Fee-for-service Capitation Diagnostic Related Groups Salary 23. A payment mechanism in which clinicians charge insurance companies and/or patients for each patient visit or procedure. _______ 24. A payment mechanism in which a clinician is paid a set amount per time period (often per month) for each patient for whom they are responsible for providing services. The clinician is paid even if the patient does not require any...
11. Which of the following is not true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college? A) Reimbursement type grants are recorded as operating revenue when qualifying expenses are made. B) Auxiliary enterprise activities represent revenues and expenses related to units of the college that provide services to students on a user fee basis and is classified as operating revenue. C) Student financial aid is a revenue contra account D) All of the...
please help 10. QuickBooks can handle which of the following types of payment scenarios: a. Prepayment of a product or service b. Down payment towards a product or service c. Overpayments from a customer d. Partial payments from a customer e. All of the above 11. Why would you uncheck the 'Bill Received' checkbox when entering a bill on the 'Enter Bills' Screen? a. To keep inventory up to date when you have received items but have not received the...
Which type of payment encourages health care providers to see more patients? Fee for service since without patients one cannot get paid even if present all day. Value-based payments since if you are a star provider, you will get paid more. Cost sharing since the insurance company will split the difference. Deductible visits since the provider sees more patients.
Which of the following reimbursement mechanisms for medical services is based on a piece-work approach? Select one: a. Capitation b. Commission c. Salary d. Fee-for-service
A local electric company charges a base fee of $8 per month. They charge an additional $0.1125 per kilowatt hour of electricity used. Use this information to answer the following. When you type in your answers, make sure to type the A, B, C, etc. so I know which answer goes to which part of the question. A. Write an equation to represent the total cost a customer will pay for their electric service. Let C represent the total monthly...