Multiple Chronic Diseases Are Considered Part of the Risk-Adjusted Payment

question 14

Multiple Choice

Multiple chronic diseases are considered part of the risk-adjusted payment model based on the assignment of diagnoses to disease groups, also known as:

• A) condition categories.
• B) primary diagnoses.
• C) diagnosis-related groups.
• D) None of these is correct.

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Definitions:

Minimum Wage

A price floor set for the price of labor.

Cost Curves

Graphs that depict the relationship between the cost of producing goods and the quantity produced.

TR

Total Revenue, the total income received by a firm from sales before any expenses are subtracted.

TC

Total cost, which encompasses all the expenses associated with the production of goods or services, including both fixed and variable costs.