A Disadvantage to an HMO Is

question 14

Multiple Choice

A disadvantage to an HMO is

• A) they are too large.
• B) some areas may not have a participating physician.
• C) they give too many referrals to specialists.
• D) you have to pay first, and then get reimbursed.

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Definitions:

Float Management

The practice of managing the time difference between issuing and clearing checks to optimize the available cash flow.

Lock Box Systems

A service offered by banks to companies for the receipt of payment from customers, involving the collection of payments in regional post office boxes and processing them quickly.

Remote Disbursing

A financial process used by organizations to distribute funds or payments from a central location to beneficiaries or accounts that are geographically dispersed.

Financing Receivables

The process of obtaining funds by selling accounts receivable to a financier or through factoring.