Question

Influencing method and amount of payment is one of the six major objectives of healthcare financial management. Which of the following is not a method of influencing the method or amount of payment and the associated risk?

1-Capitation with significant risk because the rate is agreed to before care is given

2-Steep discounts even to the point of accepting less than the cost of the service to keep market share

3-Assuming risk by accepting a prospective payment plan method of reimbursement

4-Payments at charges from self-pay patients

5-None of the above

Answer 1

2. Steep discounts even to the point of accepting less than the cost of the service to keep market share.

This does not happen as the financial management team builds better way in compensating the discounts. Usually occurs when insurance companies with huge customers come for benefits.

4. Payments at charges from self-pay patients

Above two are not a method of influencing.