CPB Certified Professional Biller Certification Practice Exam 2026 – All-in-One Guide to Achieve Exam Success!

The correct answer is that the joint venture between Blue Cross and Blue Shield is best described as a joint venture with shared facilities. This acknowledges that these organizations often collaborate to pool resources and share operational costs, which allows them to provide a broader range of services and enhance efficiency. By sharing facilities, they can streamline efforts and improve the overall quality of care provided to members.

The other options do not accurately capture the specific nature of the relationship. A cooperative partnership typically implies a broader collaboration without necessarily involving shared facilities. A shared services agreement could indicate an arrangement for specific services but does not capture the comprehensive nature of the joint venture described. An alliance for health coverage suggests a more strategic partnership focused solely on coverage policies rather than the operational and resource-sharing elements that characterize a joint venture.