Which of the Following Monitors Implementation of the Prospective Reimbursement

question 21

Multiple Choice

Which of the following monitors implementation of the prospective reimbursement system for Medicare clients?

• A) Professional Review Organizations (PROs)
• B) Joint Commission on Accreditation of Healthcare Organizations (JCAHO)
• C) National Health Quality Improvement Act
• D) Diagnostic Related Groups (DRGs)

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Accounts Receivable

Money owed by customers to a company for goods or services provided on credit.

Notes Receivable

A customer’s written promise to pay an amount and possibly interest at an agreed-upon rate.

Allowance Method

The method of accounting for uncollectible accounts that provides an expense for uncollectible receivables in advance of their write-off.