Examlex

Solved

A Particular Classification System Assigns Revenue According to the Functional

question 21

Multiple Choice

A particular classification system assigns revenue according to the functional capacity of patients and the progression of patients during their stay in rehabilitation units.More independent patient activities,such as prompted voiding,require higher staff utilization than dependent activities but do not result in increased staff resources.This is an example of:


Definitions:

Compounded Annually

The process wherein the interest earned on an investment is added to the principal each year, and in the subsequent year, interest is earned on this new principal.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities at a given time.

Contract Rate

The interest rate stated in a contract, such as a loan or bond agreement.

Present Value

The value in present terms of a sum of money or cash flows due in the future, determined with a set rate of return.

Related Questions