Physician Services Standardized to Measure the Value of a Service

question 58

Multiple Choice

Physician services standardized to measure the value of a service as compared with other services provided are called __________, and they consist of physician work, practice expense, and malpractice expense payment components.

• A) allowable charges
• B) physician fee schedules
• C) price-based rates
• D) relative value units

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Definitions:

False Dichotomy

A logical fallacy that presents two opposing options as the only possibilities, when in fact more options exist.

Weak Analogy

An argument based on insufficient parallels between two or more entities, which may lead to faulty conclusions.

Circular Argument

A logical fallacy in which the conclusion is supported by premises that assume the truth of the conclusion instead of providing evidence for it.

Hedonic Adaptation

The observed process of people returning to a set level of happiness despite major positive or negative events or life changes.