A Preferred Provider Organization (PPO) Is a Group of Physicians

question 120

True/False

A preferred provider organization (PPO) is a group of physicians who establish an organization that guarantees the quality of health care provided by a health maintenance organization (HMO).

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Definitions:

Liquidation Value

The estimated total value of a company's physical assets if it were to be terminated and the assets sold, typically assessed in the context of a business facing bankruptcy.

Diversify Risk

The strategy of spreading investments across various sectors or assets to reduce the overall risk exposure.

Operating Leases

Agreements that allow one to use an asset for a specified period without owning it, typically with lower monthly payments than a finance lease.

Zero Cash Balances

A company's financial situation where the cash account balance reaches zero, often intentionally managed through cash sweep accounts to optimize liquidity.