Define breac - Study guides, Class notes & Summaries
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HFMA Test 7: Contracts Questions 2024.
- Exam (elaborations) • 22 pages • 2024
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HFMA Test 7: Contracts Questions 2024.Purpose of Contracts - ANSWER Purpose 
 
Contracts will be used to define terms between two or more parties for the provision of a service or product. In health care, contracts are used for: 
 
Health plan or payer agreements. Construction projects. 
Collection services. 
Maintenance on equipment. 
Leasing space. 
Employment of contracted staff, and a variety of other items 
 
For a contract to be valid, individual must do three things - ANSWER Valid Contra...
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