Managed Care Was Introduced as a Method To

question 17

Multiple Choice

Managed care was introduced as a method to:

• A) control expansion of local hospital networks.
• B) manage healthcare practices by hospitals.
• C) manage healthcare practices by physicians.
• D) control healthcare costs.

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired, reflecting its use and wear over time.

Investing Activity

A category in financial statements that represents cash flows related to the purchase or sale of long-term assets or investments.

Statement Of Cash Flows

A financial statement that highlights the major activities that impact cash flows and, hence, affect the overall cash balance.

Sale Of Equipment

The process of selling off business assets, such as machinery or office equipment, usually to generate cash.