Which Model of Reimbursement Appears to Alleviate Problems with Reimbursement

question 5

Multiple Choice

Which model of reimbursement appears to alleviate problems with reimbursement schemes by encouraging quality over quantity?

• A) Episode-of-care
• B) Prospective payment
• C) Retrospective payment
• D) Fee-for-service

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Definitions:

IRR

Internal Rate of Return, a financial metric used to estimate the profitability of potential investments by finding the interest rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Projects

Specific tasks or programs undertaken to achieve a goal, often characterized by defined scope, resources, and timeframe.

Average Accounting Return

A measure used to evaluate the profitability of investments, calculated as the average net income of a project divided by its average book value.

Necessary Information

Essential data or facts required to complete a task, make an informed decision, or solve a problem.