Match the Type of Reimbursement Method with the Correct Description

question 3

Multiple Choice

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

-A reduction in charges for total bed days per year with incremental increases in the discount up to a maximum percentage.

• 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

Recognize the equations and methods for calculating gear specifications such as pitch, addendum, and dedendum.

Interpret technical drawings and notation specific to gear design and manufacturing.

Understand the liabilities and responsibilities of banks in various scenarios involving bounced checks, postdated checks, and stop-payment orders.

Identify and explain the consequences of insufficient funds and bank charges associated with bounced checks.

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Definitions:

Debtor's Income

The earnings or revenue of an individual or entity that owes money to creditors.

Debtor's Expenses

Costs incurred by an individual or entity that owes money, which can include legal fees, living expenses, and payments to creditors.

Bankruptcy Trustee

A person appointed by the court to manage the assets of a debtor filing for bankruptcy.

Chapter 7

A provision under the U.S. Bankruptcy Code that allows individuals or businesses to liquidate their assets to pay off creditors.