The Physician Fee Schedule Is Updated Each April 15 and Is

question 37

Multiple Choice

The physician fee schedule is updated each April 15 and is composed of:

• A)the relative value units for each service
• B)a geographic adjustment factor to adjust for regional variations in the cost of operating a health care facility
• C)a national conversion factor
• D)all of the above
• E) none of the above

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Definitions:

Values

Fundamental beliefs that guide behaviors and decision-making processes.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business or organization.

Dominant Values

The most powerful or influential values held by a society, organization, or group, shaping behaviors and norms.

National Culture

The set of shared values, traditions, beliefs, laws, and practices that characterizes a country or nation.