The Determination for Payment in the Long-Term Institutional Program Is

question 18

Multiple Choice

The determination for payment in the long-term institutional program is based on the minimum 90-day assessment by the nursing home. The tool used for this measurement is the:

• A) Minimum Data Set.
• B) Diagnosis-Related Grouper.
• C) Resource-Based Relative Value Scale.
• D) None of these is correct.

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Definitions:

Direct Labor Cost

The wages and benefits paid to workers who are directly involved in the production of goods.

Equivalent Units

A term used in cost accounting to represent a conversion of partially completed goods into a number of fully completed units.

Direct Materials

Raw materials that are directly traceable to the production of a specific good or service and directly incorporated into the final product.

Direct Labor

The wages paid to workers who are directly involved in the production of goods or the provision of services.