A nurse executive reports that the nursing center receives reimbursement through contracted rates. Which of the following types of reimbursement mechanism is being used?
a. Fee-for-service
b. Federally Qualified Health Center (FQHC)
c. HMO provider
d. Third-party reimbursement
ANS: C
HMO providers pay at contracted rates. Fee-for-service means payment is provided at time of service. FQHC has federal designation that allows cost-based reimbursement per encounter. Third-party reimbursement involves client billing to a public program or commercial/private in-surance.
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