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HCD 303 - Module 4 Questions and Answers 100% Pass

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HCD 303 - Module 4 Questions and Answers 100% Pass

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HCD 303 - Module 4 Questions

and Answers 100% Pass


What is healthcare financing? - CORRECT ANSWER-- It is the function of a

system concerned with the mobilization, accumulation, and allocation of money to

cover the health needs of the people, individually and collectively, in the health

system

What is one of the key leverage points that exists within healthcare financing that

can be used to improve healthcare delivery? - CORRECT ANSWER-- To align

incentives between patients and providers

Which country spends the highest percent of their GDP on healthcare? -

CORRECT ANSWER-- United States

Which of the following is considered to be forms of 'bundled payments'? -

CORRECT ANSWER-- DRGs

Which payment model reimburses organizations and/or providers based upon the

number of days treatment was given? - CORRECT ANSWER-- Per Diem

What does the term prospective mean? - CORRECT ANSWER-It is when the

reimbursement amount for a service or group of services are set in advance

, Which of the following accurately describe aspects of the U.S. DRG payment

model? Select all that apply. - CORRECT ANSWER-- A prospective payment

model

- Covers costs from admission to discharge

- Follows a patient for 30-days post-discharge

Which of the following are key distinctions between the DRG payment model and

the EDRG payment model? Select all that apply. - CORRECT ANSWER-- DRG

will only ever follow a patient for 30-days, while EDRG follows a patient for up to

5 years,

- DRG does not include physician services, while EDRG does include physician

services in the bundled price

Which payment model provides the least financial risk for providers and the most

financial risk for payers? - CORRECT ANSWER-- Fee-for-service

Which payment model provides the least financial risk for payers and the most

financial risk for providers? - CORRECT ANSWER-- Capitation

What payment model was dubbed pay-for-process by physicians and played a

significant role in what would ultimately become the opioid epidemic? -

CORRECT ANSWER-- Pay-for-performance

What are some of the key aspects of the innovative care delivery design that

occurred in Valencia, Spain? (Hint: visit the required readings from this week). -



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