Answer the following statements true (T) or false (F)

1. Before 1973, it was common for a physician to have a solo practice.
2. Managed care allows claims to be paid promptly, within 30 days of filing.
3. Physicians and nurses comprise 80% of all healthcare providers.
4. Allied healthcare professionals include physicians and nurses.
5. Physicians, nurses, and allied health employees are all members of the healthcare team.

(True)
(False) (Managed care claims may be paid 30 days or longer after filing.)
(False) (Physicians and nurses comprise only 40% of all healthcare providers. The rest are allied healthcare professionals.)
(False) (Physicians and nurses are distinct from allied healthcare professionals.)
(True)