The Numbers Used in the Administration of Healthcare to Distinguish

question 24

Multiple Choice

The numbers used in the administration of healthcare to distinguish individual healthcare providers,health plans,employers,and patients are:

• A) code sets.
• B) identifiers.
• C) EINs.
• D) fax codes.

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Definitions:

Retrenchment

The process of reducing staff or costs within an organization as a strategy to improve its financial position.

Divestiture

Divestiture sells off parts of the organisation to focus attention and resources on core business areas.

Restructuring

The corporate process of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.