Which Is the Original DRG System Adapted for Use by Third-Party

question 69

Multiple Choice

Which is the original DRG system adapted for use by third-party payers to reimburse hospitals for inpatient care provided to non-Medicare beneficiaries (e.g., BlueCross BlueShield) and is based on intensity of resources?

• A) DRGs
• B) AP-DRGs
• C) APR-DRGs
• D) MS-DRGs

Understand the future value and present value concepts of annuities, including ordinary annuities and annuities due.

Ability to use financial tables or financial calculators to find present value (PV), future value (FV), present value of an annuity (PVA), and future value of an annuity (FVA).

Understand the impact of changing interest rates and time periods on future and present value calculations.

Apply understanding of future value and present value concepts to make informed financial decisions regarding loans, savings, and investments.

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Definitions:

Supply Reduction

Actions or policies designed to decrease the amount of goods or services available in the market.

Minimum Wage Laws

Regulations established by governments that set the lowest hourly wage rate that employers can legally pay their workers.

Employers

Employers are individuals or organizations that hire and pay people to perform specific jobs.

Workers

Individuals engaged in any form of labor, whether employed by organizations, self-employed, or working as freelancers, contributing to the production of goods and services.