​A Health Care Model Defined by CMS as Groups of Doctors,hospitals,and

question 59

Multiple Choice

​A health care model defined by CMS as groups of doctors,hospitals,and other health care providers who come together voluntarily to give coordinated high-quality care to Medicare patients is known as:

• A) ​the Patient-Centered Medical Home
• B) the ​Affordable Care Act
• C) ​the Accountable Care Organization
• D) ​the Health Maintenance Organization

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Definitions:

Time And Materials Contract

A contract agreement where payment is based on the actual labor hours worked and materials used.

Labor-Hour Contract

A contract in which payment is made based on the number of hours worked, typically used for projects where the scope is not clearly defined.

Hourly Rate

The amount of money paid for each hour of work.

Incentive Fee Contract

A contract type that provides additional compensation to the contractor for exceeding performance targets.