What Is the Basis for Determining Price by Health Care

question 14

Multiple Choice

What is the basis for determining price by health care organizations?

• A)The best formulas for determining price involve setting price on the highest possible margin above cost.
• B)The novelty of the product or service is the best basis for establishing price.
• C)A health care organization determines a price based on the services offered, the ability of the consumer to pay, and the cost to deliver the service.
• D)Cost leadership that generates low prices relative to competitors is always the best basis for pricing in health care.

Recognize the concept of resistance and how it manifests in therapy.

Identify the significance of childhood experiences in adult psychological disorders.

Comprehend how psychoanalysis interprets patient behaviors such as transference.

Differentiate between the goals of psychoanalytic therapy and other forms of therapy.

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Definitions:

Arbitration

A method of dispute resolution where an impartial third party, the arbitrator, makes a decision to resolve a conflict outside of court.

UPA

Uniform Partnership Act; a law in the United States that provides a basic framework for the operation of partnerships in the absence of an express agreement.

Wrongful

Referring to actions or conduct that are unjust, improper, or illegal.

Term Partnership

An agreement between partners to establish a partnership for a specific duration or until the completion of a particular project.