Which statement is accurate regarding cost control in countries other than the U.S.?
A) If there are multiple payers, the terms of payment from each payer is much the same.
B) Most hospitals and physicians collect revenues from many payers on many different terms.
C) Providers of care are encouraged to buy new equipment and expand their facilities to increase costs and revenues.
D) Each payer tries to negotiate better prices by threatening to take its business to other providers of care.
Correct Answer:
Verified
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