Match the Type of Reimbursement Method with the Correct Description

question 21

Multiple Choice

Match the type of reimbursement method with the correct description below.

-An outpatient classification system developed by Health Systems International is ambulatory payment classifications (APCs) .

• A)Ambulatory payment
• B)Bed leasing
• C)Capitation or percentage of revenue
• D)Case rate
• E)Diagnosis-related groups (DRGs)
• F)Differential by day in hospital
• G)Differential by service type
• H)Fee schedule
• I)Flat rate
• J)Per diem
• K)Periodic interim payments (PIPs) and cash advances
• L)Withhold
• M)Reinsurance stop-loss
• N)Charges
• O)Discounts in the form of sliding scale
• P)Sliding scales for discounts and per diems

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Definitions:

Contestable Market

A market where there are no barriers to entry or exit, allowing for potential competitors to enter the market easily, keeping prices competitive.

Market Entry

The process or strategy by which a company enters into a new market or industry, often involving overcoming barriers to entry and competition.

Market Exit

The process of a company or business stopping operations or leaving a specific market or industry.

Concentration Ratio

The share of industry output in sales or employment accounted for by the top firms.