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HCD 303 - Module 4 Questions with Correct Answers | Latest Update

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HCD 303 - Module 4 Questions with Correct Answers | Latest Update

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HCD 303 - Module 4 Questions with Correct
Answers | Latest Update

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Terms in this set (40)


- It is the function of a system concerned with the
What is healthcare mobilization, accumulation, and allocation of money
financing? to cover the health needs of the people, individually
and collectively, in the health system

What is one of the key - To align incentives between patients and providers
leverage points that exists
within healthcare financing
that can be used to
improve healthcare
delivery?

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

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

Which payment model - Per Diem
reimburses organizations
and/or providers based
upon the number of days
treatment was given?

, What does the term It is when the reimbursement amount for a service or
prospective mean? group of services are set in advance

Which of the following - A prospective payment model
accurately describe - Covers costs from admission to discharge
aspects of the U.S. DRG - Follows a patient for 30-days post-discharge
payment model? Select all
that apply.

Which of the following are - DRG will only ever follow a patient for 30-days,
key distinctions between while EDRG follows a patient for up to 5 years,
the DRG payment model - DRG does not include physician services, while
and the EDRG payment EDRG does include physician services in the bundled
model? Select all that price
apply.

Which payment model - Fee-for-service
provides the least financial
risk for providers and the
most financial risk for
payers?

Which payment model - Capitation
provides the least financial
risk for payers and the
most financial risk for
providers?

What payment model was - Pay-for-performance
dubbed pay-for-process
by physicians and played
a significant role in what
would ultimately become
the opioid epidemic?

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