The Key to the Success of the Attribute Rating Approach

question 70

Multiple Choice

The key to the success of the attribute rating approach to vendor selection is

• A) attributes must be identified and listed.
• B) a weight must be assigned to each identified attribute.
• C) individual evaluators should rank attributes independently of each other.
• D) attribute numerical rankings should be multiplied by their appropriate weights.

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Definitions:

Gatekeeper

One who regulates access to someone or something; in insurance, a primary care physician who coordinates the patient’s referral to specialists and hospital admissions.

Primary Care Physician

A Primary Care Physician (PCP) is a healthcare provider who offers general medical treatment and who is typically the first point of consultation for patients.

HMO

Health Maintenance Organization; a type of health insurance plan that typically requires members to receive healthcare services from a network of designated providers.

CMS-1500s

Standardized forms used in the United States to submit Medicare and Medicaid claims and certain other types of insurance claims by healthcare providers.