With Cost-Plus Percentage Fee Contracts,all the Risks Are on the Contractor

question 36

True/False

With cost-plus percentage fee contracts,all the risks are on the contractor.

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Definitions:

Hill-Burton Act

A U.S. federal law passed in 1946 that provided funds to hospitals, nursing homes, and other health facilities for construction and modernization, in exchange for agreeing to provide a reasonable volume of services to persons unable to pay.

Hospitals Improvement

Initiatives or actions taken to enhance the quality of care, efficiency, and patient outcomes in hospital settings.

Biomedical Research

The study of the biological and health sciences to understand diseases, develop treatments, and improve medical diagnosis and therapy.

National Institutes of Health

An important part of the U.S. Department of Health and Human Services and the largest source of biomedical and public health research funding in the world.