List the Four Methods Blue Cross and Blue Shield Uses

question 60

Essay

List the four methods Blue Cross and Blue Shield uses for establishing fees for facility services.

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Definitions:

Cash Paid

The actual outflow of cash from a company to settle obligations, such as paying for goods, services, or expenses.

Noncash Investing

Transactions that affect a company's investments not involving direct cash flows, such as asset swaps.

Financing Activities

Transactions and events where cash is raised from or paid to investors and creditors, such as issuing stock, paying dividends, and borrowing money.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.