Although Important,innovation Plays a Minor Role in Achieving Competitive Advantage

question 7

True/False

Although important,innovation plays a minor role in achieving competitive advantage.

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Definitions:

HMO

A health maintenance organization; a type of health insurance plan that usually limits coverage to care from doctors who work for or contract with the HMO.

PPO

Preferred Provider Organization, a health insurance plan that offers a network of healthcare providers to choose from, typically at a lower cost.

Provider's Fee

The charge or cost set by a service provider, such as a doctor or a lawyer, for professional services rendered.

CMS-1500 Form

A standardized form used by healthcare providers to submit insurance claims for services provided to patients.