The Minimum Necessary Standard Refers to the Healthcare Provider's Effort

question 37

Multiple Choice

The minimum necessary standard refers to the healthcare provider's effort to _____.

• A) Invoice third-party payers for the least reasonable amount associated with care provided to the patient
• B) Limit patient-specific health information released to that which is needed to accomplish the intended purpose only
• C) Minimalize the risk of negligence that would result in becoming involved in a malpractice lawsuit
• D) Provide the patient with the minimum amount of procedures and medications to maintain reasonable insurance costs

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Definitions:

Subsidiary

A company that is completely or partly owned and partly or entirely controlled by another company, which is referred to as the parent company.

Upstream

In an industry context, refers to the exploration and production stages in oil and gas, or more generally, to processes or activities that occur at the beginning of a supply chain.

Consolidated Amount

The total sum resulting from the combination of various items, expenses, revenues, or financial statements.

Direct Approach

A method of presentation in cash flow statements where actual cash flow information from operating activities is presented directly.