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Assume a governmental payer reimburses Mercy Hospital at a rate that covers only 60 percent of the cost of providing one inpatient day. In contrast,
Assume a governmental payer reimburses Mercy Hospital at a rate that covers only 60 percent of the cost of providing one inpatient day. In contrast, Mercy Hospital negotiates with private insurers for a rate that covers greater than 100 percent of the cost of providing one inpatient day. Which of the following best describes this type of management strategy?Overcharging Concierge pricing Discounted pricing Cross-subsidization Full cost plus pricin
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