C432 Pre- assessment exam with complete solution graded A+

A home health agency provides care primarily to Medicare consumers. The agency is considering expanding the range of services offered. What is one reason this agency would be considering this strategy? - To diversify its payer mix A hospital's chief executive officer (CEO) suddenly becomes critically ill at a pivotal stage of the hospital's building a new wing due to open in one month. The board decided to activate the succession plan. Why would the hospital have initiated this strategy? To provide stability in hospital leadership - To provide stability in hospital leadership A hospital board has expressed concerns about the hospital's high nurse turnover rates. To address the issue leadership has made a number of changes. The HR department has developed a plan to offset this concern by proposing the following goals: - Decrease nurse to patient ratios by 20% A hospital has created a proposed project charter that includes the hospital's timeline and milestones. What is a benefit of including these in the charter? - It provides a tool to benchmark progress. A hospital's strategic plan involves looking at opportunities to enhance its radiology services. The hospital wants to purchase a portable, compact, movable MRI machine that does not enclose patients. A market analysis has confirmed that consumer demand supports this strategic plan. Which type of market and competitive advantage strategy is being used in this SWOT analysis? - A broad customer base, differentiation strategyA nursing home administrator is concerned about the number of falls occurring at the facility and wants to reduce falls by 10% over the next six months. Which tool is appropriate to evaluate this outcome? - Dashboards The chief executive officer of a healthcare system wants to know how effective its branding strategy is. The CEO is given the annual report, including the following portion: - Good will and intangible assets A CEO is interested in rewriting the organization's mission statement and has requested the annual statement for review. In which item on the above annual report is the mission statement found? - Item 1