Which of the Following Reimbursement Systems Provides an Incentive to Reduce

question 26

Multiple Choice

Which of the following reimbursement systems provides an incentive to reduce the length of stay of hospital admissions?

• A) Percent of charge and cost
• B) Cost and per case
• C) Per case and per diem
• D) Per diem and capitation

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Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a specified level of confidence.

Point Estimate

Single value used to estimate an unknown population parameter.

Population Parameter

A numerical value that represents a characteristic of an entire population, such as its mean or standard deviation.

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly the mean; it is used to estimate the accuracy of a sample mean compared to the population mean.