What Is the MOST Serious Consequence for a Facility If

question 12

Multiple Choice

What is the MOST serious consequence for a facility if treatments administered to patients are frequently reported and coded incorrectly?

• A) Accusations of fraud
• B) Lower profits than expected
• C) Failure to obtain reimbursement from insurance companies
• D) Low staff efficiency

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Definitions:

Unique Products

Goods that are distinct in nature, offering uncommon features or benefits not typically found in similar items.

Market Demand Curve

The market demand curve represents the total quantity of a good or service that all consumers in a market are willing to purchase at various prices.

Quantity Demanded

Quantity demanded refers to the amount of a good or service consumers are willing and able to purchase at a given price.

Income

The financial gains, typically recurring, from employment or returns on investments.