Match the Type of Reimbursement Method with the Correct Description

question 53

Multiple Choice

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

-A form of reinsurance in which the hospital buys insurance to protect against lost revenue and receives less of a capitation fee, and the amount the hospital does not receive helps pay for the insurance.

• 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:

Financial Executives

Individuals who manage financial planning, decision making, and control in an organization.

Accounting Values

The monetary amounts associated with assets, liabilities, equity, income, and expenses recorded in a company's financial statements.

Financial Values

Refers to the monetary, material, or assessed worth of an asset, investment, or company.

Payback

The period of time needed for an investment to generate cash flow sufficient to recover the initial expense incurred.