Reimbursement According to a __________ Means That Hospitals Reported Actual

question 61

Multiple Choice

Reimbursement according to a __________ means that hospitals reported actual charges for inpatient care to payers after discharge of the patients from the hospital.

• A) prospective cost-based rate
• B) prospective price-based rate
• C) retrospective reasonable cost system
• D) site-of-service differential

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Definitions:

Socially Optimal Level

An economic condition where resources are allocated in a way that maximizes the overall benefit to society, considering both efficiency and equity.

Regulation

A rule or directive made and maintained by an authority.

Taxation

The process by which governments charge fees on individuals and corporations to fund public services and infrastructure.

Market Inefficiencies

Situations where resources are not distributed optimally in a market, often leading to a loss in economic or social value.