Which of the Following Statements Best Describes the Significance of the Health

question 19

Multiple Choice

Which of the following statements best describes the significance of the Health Plan Effectiveness Data and Information Set (HEDIS) ?

• A) Data are publicized so consumers can make informed decisions about where to go for care.
• B) Data are used to measure performance in the accreditation of managed care organizations (MCOs).
• C) Obvious improvement in the provision of health care has resulted from requiring health care providers to collect and analyze such data.
• D) Physicians and other health care providers can publicize the data to market their services to new clients.

---

Definitions:

Return on Common Stockholders' Equity

A financial ratio that measures the amount of net income returned as a percentage of shareholders' equity, indicating profitability.

Total Asset Turnover

A financial ratio that measures a company's ability to generate sales from its assets by comparing net sales with average total assets.

Inventory Turnover

A measure showing the frequency at which a company's stock is sold and replenished within a given timeframe.

Dividend Yield

A ratio indicating the annual dividends a company distributes in relation to its share price.