The Health Care Guide Makes a Distinction Between a Health

question 32

Multiple Choice

The Health Care Guide makes a distinction between a health care organization and a voluntary welfare organization. Which of the following is accurate?

• A) If essentially all revenues from services are provided by contributions or grants, they are a health care organization subject to The Health Care Guide
• B) If essentially all revenues from services provided to patients or clients they are a health care organization subject to the Health Care Guide.
• C) If essentially all revenues from services are provided by contributions or grants, The Health Care Guide calls these organizations Not-for-Profit Business Oriented Organizations.
• D) If essentially all revenues from services provided to patients or clients they are called Not-for-Profit Nonbusiness-Oriented Organizations.

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Definitions:

Lend Money

The act of giving money to another party with the expectation that it will be paid back, usually with interest, over time.

Good Faith

Acting with honesty and sincerity without any intention to defraud or seek unfair advantage.

Model Business Corporation Act

A set of model statutes prepared by the American Bar Association to provide a standard framework for the incorporation and governance of corporations in the United States.

Indemnified

Protected or secured against financial loss or other legal liabilities.