HCA 285 FINAL EXAM UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

HCA 285 FINAL EXAM UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS

Question:
1. False Claims Act
Answer:
Protects the Federal Government from being overcharged or sold substandard goods or services

Question:
2. Anti-Kickback Statute
Answer:
Prohibits asking for or receiving anything of value in exchange for referrals of federal healthcare program
business (namely CMS and may include health services, drugs, and supplies)

Question:
3. EMTALA (Emergency Medical Treatment and Active Labor Act)
Answer:
Requires hospitals that have emergency departments to: 1. Provide a medical screening exam (MSE) by a
qualified medical professional. 2. If the patient has an emergency medical condition, to provide stabilizing
medical treatment to any person who shows up to the hospital regardless of the patient's ability to pay

Question:
4. HIPPA (Health Insurance Portability and Accountability Act)
Answer:
Requires protection of health information (PHI - Protected Health Information) Ex. Lebron James

Question:
5. Self Referral Law (Stark Law)
Answer:
Prohibits physicians from referring CMS patients for certain designated health services (DHS) to an entity
with which the physician or a member of the physician's immediate family has a financial relationship-
unless an exception applies

Question:
6. 3 Main Components of Income statements?
Answer:
1. Revenues (the money coming into an organization)
2. Expenses (the money going out of an organization)
3. Profitability (Revenues - Expenses = Profit or Loss)

Question:
7. Capital
Answer:
The Money raised by a business that will be invested in assets that support the organization.