MBA543 Take-home Quiz #1 - Week One and Two (Three points each question = total 15 points) 1. Who are the first, second, and third parties in a health care reimbursement situation? 2. What does DRG stand for? What type of a health care provider has this Federal payment system? And, when was the first effective date for this federal payment System? 3. What are the five trends affecting the current health care sector? 4. What Act designated the code sets for healthcare services reporting to public and private insurers; and, in what year? 5. In 2005, the Office of the Inspector General (OIG) revised the seven elements of a Compliance Program; what are they?

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