Consumer Need and Demand for Home Health Care Have Increased

question 12

Multiple Choice

Consumer need and demand for home health care have increased dramatically in recent years because of (Select all that apply)

• A) the advent of Medicare reimbursement for home care.
• B) the closing of acute care hospital beds.
• C) escalating health care costs.
• D) increased consumer demand.
• E) lack of services available in the hospital.

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Definitions:

Goldsmiths

Historically, skilled artisans who made objects out of gold, but in economic context, also referred to as early bankers who issued loans and held deposits.

Barter Transactions

Economic exchanges where goods or services are directly swapped for other goods or services without the use of money as a medium of exchange.

Medium Of Exchange

An assisting mechanism utilized for the sale, acquisition, or exchange of commodities among different parties.

ATM Machines

Automated Teller Machines, which are electronic banking outlets that allow customers to complete transactions without the need for a branch visit.