Because of the Complexity of Reimbursement Systems and Its Implications

question 15

Multiple Choice

Because of the complexity of reimbursement systems and its implications for the services available to patients,the nurse has a key role in:

• A)Advocacy for patients with regard to services required and services utilized.
• B)Increasing the volume of services and decreasing the number of patients served.
• C)Accomplishing more with each visit and decreasing the volume of services used.
• D)Decreasing the volume of services used and the number of return visits.

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Definitions:

Hourly Rate

The amount of money paid for one hour of work.

Expected Value

The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

Salary Increase

The process of raising an employee's pay rate, typically as recognition for job performance, inflation adjustments, or promotion.

Probability

A quantitative assessment of an event's chances of happening, with values from 0 to 1 indicating the likelihood.