What Is It Called When a Physician Receives One Monthly

question 11

Multiple Choice

What is it called when a physician receives one monthly fee from the insurance company for each subscriber in his or her practice?

• A) Fee-for-service
• B) Indemnity
• C) Incentive reimbursement
• D) Capitation

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Definitions:

CFO

The Chief Financial Officer, an executive responsible for managing the financial actions of a company.

Corporate Strategies

Plans or methods employed by a company to achieve its business goals and secure a competitive position in the market.

Corporate Purpose

The stated, overarching goals and intentions of a corporation, guiding its decisions and operations.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual.