The Following Paragraph Contains an Incomplete Statement

question 157

Multiple Choice

The following paragraph contains an incomplete statement. Select the answer choice containing the term that correctly completes the statement. One important activity within the scope of network management is ensuring the quality of the health plan's provider networks. A primary purpose of __________________ is to review the clinical competence of a provider in order to determine whether the provider meets the health plan's preestablished criteria for participation in the network.

• A) authorization
• B) provider relations
• C) credentialing
• D) utilization management

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Definitions:

Down Payment

An initial, upfront partial payment for the purchase of expensive items/services, typically associated with real estate or vehicles.

Accrued Interest

The interest that has accumulated on a bond, loan, or other financial instrument since the last interest payment was made.

Compounded Annually

Interest on an investment or loan calculated once a year, where each year's interest is added to the principal.

Future Value

The estimated value of an investment at a future date, taking into account variables like interest rates or compound interest, used in financial planning and assessment.