Exam (elaborations)
Meas 137 Ch 1 Exam Questions And Answers Latest Update
- Course
- MEAS 137
- Institution
- Ivy Tech Community College
Meas 137 Ch 1 Exam Questions And Answers Latest Update
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Meas 137 Ch 1 Exam 2024-2025Questions And Answers Latest Update
accounts payable - Claims from the suppliers of goods or services (such as
consultants) but not yet paid for.
accounts receivable - The total amount of money owed to a business.
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, adjudication - series of steps that determine whether a claim should be paid
benefits - Benefits are sometimes part of compensation packages provided by
employers for employees. Human Resources Managers are responsible for
managing compensation packages for employees.
capitation - A method of healthcare reimbursement in which an insurance carrier
prepays a physician, hospital, or other healthcare provider a fixed amount for a
given population without regard to the actual number or nature of healthcare
services provided to the population
cash flow - Movement of the money you receive and the money you spend.
certification - A process in which a person, an institution, or a program is
evaluated and recognized as meeting certain predetermined standards to provide
safe and ethical care.
coinsurance - A cost-sharing provision requires the insured to assume a portion of
the cost of covered services.
compliance - Change of behavior in response to an explicit request from another
person or group.
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