An Example of an Initiative That May Reduce Total Healthcare

question 17

Multiple Choice

An example of an initiative that may reduce total healthcare costs would be:

• A) offering nurse practitioner-led clinics that educate parents about non-pharmacologic strategies for managing ear infections.
• B) educating seniors about the comparative costs of medications that are prescribed to them.
• C) lowering copayments for prescription drugs for seniors.
• D) advocating for more readily available MRI services to ensure early diagnosis.

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Definitions:

Positive Net Present Value

An indicator that an investment will generate more value than its cost, signifying its profitability.

Quarterly Basis

A periodic measure or evaluation of data in intervals of three months, often used in financial reporting and performance tracking.

Reverse Stock Split

A corporate action in which a company reduces the number of its current outstanding shares to increase the per-share price, without altering the company's market capitalization.

Liquidity

The measure of how easily assets can be converted into cash without affecting their value.