What Was the Result of the Prospective Payment System Legislation

question 21

Multiple Choice

What was the result of the prospective payment system legislation?

• A)Hospital stays were shortened,which placed a greater responsibility on family care.
• B)Payments to the hospitals and physicians that fulfilled the new rules were higher.
• C)Nursing staffing was increased to meet the needs of more acutely ill patients.
• D)Diagnoses were more accurate and complete before clients were admitted to acute care.

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Definitions:

Hedge

An investment position intended to offset potential losses or gains that may be incurred by a companion investment, commonly used for risk management.

Exchange Variations

Refers to the fluctuations in the value of currencies in the foreign exchange market, impacting the value of foreign currency transactions.

Foreign Currency

Foreign Currency is the currency of another country, which is required for conducting international transactions or investments.

Annual Repayments

are fixed amounts paid back by a borrower to a lender at regular intervals over a year to reduce or settle a loan's principal and interest.