The Dominant Factor Affecting Medical Care Delivery and Finance in the 1960s

question 8

Multiple Choice

The dominant factor affecting medical care delivery and finance in the 1960s was

• A)the Hill-Burton Act.
• B)prospective payment for hospitals.
• C)the creation of Medicare and Medicaid.
• D)the explosive growth of managed care.
• E)the passage of ERISA.

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Definitions:

Strategic Alliance

A partnership between businesses in which they collaborate to achieve mutually beneficial goals without losing their independence.

Cooperation Agreement

A formal agreement between two or more parties to work together on a project or towards a common goal, outlining the terms of collaboration and shared responsibilities.

Mutual Interest

A shared concern or advantage that is beneficial to all parties involved in a particular situation or agreement.

Organic Organizations

A flexible and adaptive organizational structure that allows for quick decision-making processes and decentralized authority.