By Following the Reimbursement Guidelines for a Comprehensive Outpatient Rehabilitative

question 35

Multiple Choice

By following the reimbursement guidelines for a comprehensive outpatient rehabilitative facility (CORF) , Medicare will reimburse up to what percentage of the allowable charge for a rehabilitation program?

• A) 60%
• B) 80%
• C) 20%
• D) 40%

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Definitions:

Total Profit

The net amount of money a business retains after subtracting all its expenses, taxes, and costs from its total revenue.

MC Curve

Marginal Cost Curve, which shows the change in total cost that arises when the quantity produced changes by one unit.

AVC Curve

A graph representing the Average Variable Cost of producing different quantities of output, typically showing how AVC decreases and then increases.

Market Demand

The overall sum of a particular good or service that every customer in a market is eager and able to acquire at a range of prices.