Match the Term with the Appropriate Definition or Description

question 4

Multiple Choice

Match the term with the appropriate definition or description:
-Provide inpatient care with highly technical tertiary or specialized services for specific conditions, such as cancer or pediatrics

• A)ambulatory surgical center
• B)bad debt
• C)charity care
• D)critical access hospital (CAH)
• E)diversification strategies
• F)Hill-Burton Act
• G)hospital
• H)horizontal integration
• I)independent living facility
• J)joint ventures
• K)medical home
• L)rural hospital flexibility program
• M)vertical integration
• N)specialty hospital
• O)underpayment

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Definitions:

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so the balance doesn't merely grow; it grows at an increasing rate.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Loan

Money that is borrowed, typically from a bank or financial institution, that is expected to be paid back with interest.

Compounded Monthly

The process of adding interest to the principal sum of a loan or deposit on a monthly basis.