Evaluate the Expression

question 26

Short Answer

Evaluate the expression.

Understand the payment systems in healthcare, including prospective, retrospective, capitation, and the role of third-party payers.

Discuss the ethical and legal implications of healthcare delivery, including preventable medical errors and the Patient Protection and Affordable Care Act (PPACA).

Explore the role of technology and education in improving healthcare efficiency and patient care.

Examine the career opportunities for nurses in healthcare economics, including case management and utilization management.

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Definitions:

Authorized

Officially given permission or power to do something.

Actual Authority

The express and implied powers granted by a principal to an agent to act on the principal’s behalf.

Apparent Authority

The appearance or assumption of authority based on the actions or words of the principal, which a third party reasonably believes the agent has.

Implied Authority

Authority of an agent that is not expressly granted but rather implied by the actions, situation, or responsibilities given to the agent.