What Are Third-Party Payors? Why Are Their Interests Important in Accounting

question 6

Essay

What are third-party payors? Why are their interests important in accounting for health care entities?

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Definitions:

Content Validity

Refers to the extent to which a test measures all aspects of the concept it intends to measure.

Alternate-form Reliability

Refers to a measure's reliability assessed by comparing different versions of the test that are created to be equivalent.

Test-retest Reliability

A measure of consistency where the same test is administered to the same group at two different points in time to assess its stability over time.

Predictive Validity

The extent to which a score on a scale or test predicts scores on some criterion measure.