Learning Outcome for the Week

Define commonly used terms, abbreviations, and acronyms Identify the options for funding various types of facilities. Enumerate the differences between for-profit, not-for-profit, and public health facilities. Evaluate the impact of the facilitys relationship with third-party payers. Describe the various methods of payment received from third-party payers. Explain how case mix and occupancy rates can be used to balance the budget of a health care facility