Prospective, Fixed-Rate Reimbursement Was Initiated by the Joint Commission

question 30

True/False

Prospective, fixed-rate reimbursement was initiated by the Joint Commission.

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Definitions:

Minor Requirement

A smaller or less significant obligation or condition that must be fulfilled, often in addition to major requirements.

De Facto Corporation

A corporation defectively incorporated in good faith that exists in fact though not in law.

Incorporation

The process of legally declaring a corporate entity as separate from its owners, providing it with its own rights, privileges, and liabilities distinct from those of its members.

Lease Agreement

A contract outlining the terms under which one party agrees to rent property owned by another party.