Research Ethics Committees Are Usually Composed of at Least Five

question 3

True/False

Research ethics committees are usually composed of at least five members with similar backgrounds.

Explain the role and payment structures of health maintenance organizations (HMOs).

Understand the rules determining primary and secondary insurance payers.

Describe the process and benefits of electronic claim submissions.

Understand the eligibility criteria for Medicaid.

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Definitions:

Cost Price Approach

A method of valuation where items are recorded and kept in the inventory at their purchase or production cost.

Transfer Price

The price at which goods and services are sold between divisions within the same company.

Decentralized Operation

An organizational structure where decision-making is distributed among various levels or departments rather than being concentrated at a single point.

Unused Capacity

The portion of a company's potential production or resources that is not currently being utilized or exploited.