FACHE Practice Test with Complete Solutions

According to ACHE's Code of Ethics, one way that healtcare executives can avoid or minimoze the negative implications of conflict of interest - ANSWER-Make the conflict known to those in superior positions The principles of quality improvement require that healthcare exectutive change their management philosophy from - ANSWER-Finding fault with employees to finding problems in processes What type of problems arises when a healthcare executive knowingly allows the organization to continue double billing - ANSWER-An actual conflict of interest, even absent a direct economic benefit to the healthcare exective Which of the following is a unit of measure commonly used it determine physicians' clinical productivity - ANSWER-Relative Value Units (RVUs) Which of the following third-party reimbursement methods provides the largest financial incentives for the provider to reduce cost - ANSWER-Prospective payment (PPS)-Medicare payment based on predetermined-fixed amount Statements of earnings, financial positions, changes in financial position and retained earnings are required to be submitted yearly by all - ANSWER-Publicly owned healthcare organizations Which of the following is an example of a capital expenditure - ANSWER-A building with a useful like of 20 years What is the correct order of stages for accomplishing organizational change - ANSWER-Identifying, planning, implementation, evaluation Boards make better strategic decisions of they use information that is - ANSWER-Focused on measurable outcomes of service quality and economic a validity The central role of the health services organization's board includes all of the following - ANSWER-Support in managing important service programs of departments the first role of the governing body is to - ANSWER-Set objectives and develop policy to guide the organization in ache ing its mission Internal members of the healthcare organization's governing body - ANSWER-Often include the CEO, medical director, and CFO