Berwick and Hackbarth Suggested Six Categories of Waste That Accounted

question 11

Multiple Choice

Berwick and Hackbarth suggested six categories of waste that accounted for what percentage of health care costs?

• A) Less than 10%
• B) Less than 20%
• C) Close to 35%
• D) 40% or more

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Definitions:

Multiple Subsidiary

Refers to scenarios where a parent company owns more than one subsidiary, each operating as a separate entity but controlled by the parent.

Indirect Acquisition

The process of obtaining control over a company by acquiring another entity that already holds a controlling interest in the target company.

Ownership Interest

A legal or equitable right or stake in an entity, often represented by shares or units, giving the holder a claim on part of the entity's assets and earnings.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.