Which of the Following Is True of a Hospital's Chargemaster

question 8

Multiple Choice

Which of the following is true of a hospital's chargemaster?

• A) It is a small, straightforward list.
• B) It may exclude bundled services, making it difficult to compare charges for specific services.
• C) It is standardized to allow price comparisons.
• D) It is derived from a template developed by each state.

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Definitions:

Income

Financial returns received regularly from work or investment sources.

Preferences

Individual choices or priorities regarding products, services, or outcomes based on factors like taste, convenience, and value.

Quantity Supplied

The specific amount of a good or service that producers are willing and able to sell at a particular price.

Tanning Salon

A specialized establishment that provides indoor tanning services through the use of tanning beds or tanning booths.