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Which of the following statements about fee-for-service reimbursement is incorrect? Payment may be based on the number of covered lives Payment may be charge based
Which of the following statements about fee-for-service reimbursement is incorrect? Payment may be based on the number of covered lives Payment may be charge based Payment may be cost based Payment may be on a prospective basis (e.g. IPPS/OPPS) Meadowlands, a non-profit skilled nursing facility recorded a depreciation expense of $100,000 for the year ended December 31, 2019. If Meadowlands changed its method of calculating depreciation such that depreciation expense doubled for the year and everything else remained constant, which of the following statements is most correct? Meadowlands' net income for the year ended December 31, 2019 would increase by $100,000 Meadowlands' estimated cash flow for the year ended December 31, 2019 would increase by $100,000 Meadowlands' estimated cash flow for the year ended December 31, 2019 would increase by $200,000 Meadowlands' net income for the year ended December 31, 2019 would increase by $200,000
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