100% Verified Questions & Answers
1. The medical staff
reports to the hospital administrator
sets the overall direction for the hospital
delegates authority to operate the facility
ensures quality patient care
2. Why is dual receiving accountability important in the purchasing/receiving
process of a healthcare organization?
It simplifies the inventory management process.
It helps prevent fraud and ensures that received goods match the
invoices.
It reduces the need for internal audits.
It allows for faster processing of invoices.
3. What is the main purpose of the codes of ethics for health care
occupations?
advise health care professionals of their legal rights
set standards for professional conduct
outline the laws that professionals must follow
define the scope of practice for the occupations
4. If a healthcare facility's governing authority decides to terminate a
,physician's privileges without following the adopted procedures, what
, potential consequences could arise?
No significant consequences as the authority has the final say
Legal challenges and loss of trust among staff
Increased efficiency in healthcare delivery
Immediate improvement in staff morale
5. If a freestanding voluntary facility successfully transitions to an investor-
owned organization, what financial strategy might it implement to leverage
its access to the equity market?
Issuing stocks to raise capital for expansion.
Reducing staff to cut costs.
Limiting services to focus on core competencies.
Increasing patient fees to improve revenue.
6. If a healthcare organization anticipates a temporary increase in operational
costs due to a new patient care initiative, which financing option should
they consider to manage these costs effectively?
Accounts receivable
Leasing equipment
Equity financing
Short-term debt
7. Who is responsible for taking initial corrective action in cases of physician
abuse within a healthcare organization?
Nursing unit supervisor
, CEO
Chief of Service (department chairman)
Chief of Staff
8. To evaluate changes in levels of revenue and expenses as a result of
changes occurring during the year, management can:
Use a "step-down method"
Use the contribution margin approach to budgeting
Project existing trends forward for one year
Use the capital approach to budgeting
9. If a new healthcare organization is struggling to establish itself in the
community, what strategy should the CEO implement to improve its visibility
and relationships?
Limit the CEO's public appearances to focus on internal
management.
Reduce the organization's budget for community outreach programs.
Engage in community events and establish partnerships with local
organizations.
Increase advertising without community involvement.
10. Describe how minimizing inventory costs contributes to an effective
inventory control system in healthcare.
Minimizing inventory costs helps ensure that resources are used
efficiently while still meeting patient demand.
Minimizing inventory costs leads to reduced quality of care.