What Are the Three Specific Forms of Prepaid Group Practices

question 30

Multiple Choice

What are the three specific forms of prepaid group practices? (Prepaid Group Practice Model)

• A)Universal model HMOs,group model HMOs,staff model HMOs
• B)Group model HMOs,network model HMOs,universal model HMOs
• C)Staff model HMOs,group model HMOs,network model HMOs
• D)Network model HMOs universal model HMOs,staff model HMOs

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Definitions:

Bank Loan

A sum of money lent by a bank to a borrower at a specified interest rate for a fixed period.

Trust Receipt

A document that acknowledges the receipt of goods by a person who is borrowing funds from a lender with the goods as collateral, with an agreement to pay the lender back upon the sale of the goods.

Cash Cycle

Also known as the cash conversion cycle, it measures the time it takes for a company to turn its inventory into cash flows from sales.

Accounts Payable Period

The Accounts Payable Period is the average time it takes for a business to pay off its creditors, indicating the efficiency of its payment process.