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A Certain HMO Is Attempting to Show the Benefits of Managed

question 75

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A certain HMO is attempting to show the benefits of managed care to an insurance company. The HMO believes that certain types of doctors are more cost-effective than others. One theory is that
Certification level is an important factor in measuring the cost-effectiveness of physicians. To
Investigate this, the HMO obtained independent random samples of 22 physicians from each of the
Three certification levels- Board certified (C) ; Uncertified, board eligible (E) ; and Uncertified,
Board ineligible (I) - and recorded the total per-member, per-month charges for each (a total of 66
Physicians) . Identify the dependent (response) variable for this study.


Definitions:

Identification

The process of recognizing or establishing the identity of a person or thing.

Businesses

Businesses refer to organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits.

Cash Account Balance

The amount of money available in a company’s or individual's cash account at a given time.

Cash Receipts

Money received by a business during a given period, including cash sales, received payments on accounts receivable, and other cash inflows.

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