Which of the Following Is a Common Model of Payment

question 17

Multiple Choice

Which of the following is a common model of payment for physicians?

• A)The client pays for service.
• B)Physicians are remunerated based on their specialist referral rate.
• C)Municipalities retain physicians for a yearly salary.
• D)Physicians are remunerated on a fee-for-service (FFS) basis.

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Definitions:

Discount Rate

The interest rate used to discount future cash flows to their present value, important in investment and financial decision making.

Cash Flows

The total movement of cash and assets akin to cash entering and leaving a business enterprise.

Discount Rate

The interest rate that central banks charge commercial banks for loans, influencing monetary policy and economic conditions.

Monthly Payments

Regular payments made over a period, often used in loans and mortgages, covering interest and principal repayment.