"Creative Destruction" Is When

question 49

Multiple Choice

"Creative destruction" is when:

• A) The creative process becomes too important to an organization and they forget their core business.
• B) New, creative organizations drive older, less efficient organizations out of business.
• C) An organization's own innovations make its existing product lines obsolete.
• D) Entrepreneurs are forced to start their own companies.

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Definitions:

Hospital Coverage

A type of health insurance benefit that covers the expenses associated with hospital stays, including room charges, nursing care, testing, and medication.

Crossover Claim

A health insurance claim that is automatically transmitted from Medicare to a secondary insurer to process benefits after Medicare has paid its portion.

Accountable Care Organization

A healthcare organization that aims to tie provider reimbursements to quality metrics and reductions in the total cost of care for an assigned population of patients.

Group Plan

A type of insurance policy or benefits system that covers multiple individuals, typically employees of a company or members of an organization, under one contract.