Third-Party Payers Negotiate Fees for Services

question 18

Multiple Choice

Third-party payers negotiate fees for services.If it cost the hospital $2,000 for costs associated with placing a PICC line and the insurance company has negotiated to pay 40% of the cost,how much will the hospital receive?

• A)$900
• B)$800
• C)$1,000
• D)$700

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Definitions:

Hemispheric Lateralization

The specialization of functions in the left and right hemispheres of the brain, such as language in the left and spatial ability in the right.

Magnetic Resonance Imaging

A medical imaging technique that uses a magnetic field and radio waves to create detailed images of the organs and tissues within the body.

Positron Emission Tomography

A diagnostic imaging technique that uses radioactive tracers to visualize and measure changes in metabolic processes within the body.

Dopamine

Dopamine is a neurotransmitter in the brain that plays a vital role in controlling movement, mood, and motivation, among other functions.