Which of the Following Is Most Likely to Occur in Medical

question 5

Multiple Choice

Which of the following is most likely to occur in medical practices in the year following the implementation of ICD-10-CM in the United States?

• A) More accurate diagnosis coding due to more specific codes.
• B) Large increase in diagnosis coding errors due to inadequate employee training.
• C) Widespread implementation of certified EHR systems that support ICD-10.
• D) A reduced need for diagnosis coding consultants.

Create component bar graphs to display segmented information within the same categories.

Construct and interpret circle graphs for proportional comparison within categories.

Understand and apply the concepts of future value and present value of annuities and investments.

Calculate future values of investments with different compounding periods (monthly, quarterly, semiannually, annually).

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Definitions:

Maximizing Profits

Refers to the process of increasing the difference between total revenues and total costs to achieve the highest possible earnings.

Minimizing Losses

A strategy or approaches taken to reduce the amount of loss incurred in a business operation or investment.

Price Discrimination

A pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different markets or to different segments of consumers.

Senior Citizen Discounts

Discounts offered to elderly individuals, typically those aged 65 and older, to reduce the cost of goods and services for them.