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HOM 5307 EXAM 1 SET 2 QUESTIONS AND ANSWERS 100% SOLVED.

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Key common characteristics of PPOs include: - ANSWER Selected provider panels Negotiated payment rates Consumer choice & Utilization management EPOs share similarities with: - ANSWER PPOs and HMOs Commonly recognized HMOs include: - ANSWER IPAs Capitation is usually defined as: - ANSWER Prepayment for services on a fixed, per member per month basis In what model does an HMO contract with more than one group practice provide medical services to its members? - ANSWER Network model Advantages of an IPA include: - ANSWER Broader physician choice for members T or F: Hospital consolidation has been blocked more often than not by the Department of Justice (DOJ) and/or the Federal Trade Commission (FTC). - ANSWER False T or F: Managed care plans perform onsite reviews of hospitals and ambulatory surgical centers. - ANSWER False Who has final responsibility for all aspects of an independent HMO? - ANSWER Board of Directors Medical Directors typically have responsibility for: - ANSWER Utilization management Benefits determinations for appeals Quality management State and federal regulations consistently apply network access standards to: - ANSWER POS plans and HMOs Which organization(s) need a Corporate Compliance Officer (CCO)? - ANSWER Hospitals &

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HOM 5307 EXAM 1 SET 2 QUESTIONS
AND ANSWERS 100% SOLVED.
Key common characteristics of PPOs include: - ANSWER Selected provider panels
Negotiated payment rates
Consumer choice &
Utilization management

EPOs share similarities with: - ANSWER PPOs and HMOs

Commonly recognized HMOs include: - ANSWER IPAs

Capitation is usually defined as: - ANSWER Prepayment for services on a fixed, per
member per month basis

In what model does an HMO contract with more than one group practice provide
medical services to its members? - ANSWER Network model

Advantages of an IPA include: - ANSWER Broader physician choice for members

T or F: Hospital consolidation has been blocked more often than not by the Department
of Justice (DOJ) and/or the Federal Trade Commission (FTC). - ANSWER False

T or F: Managed care plans perform onsite reviews of hospitals and ambulatory surgical
centers. - ANSWER False

Who has final responsibility for all aspects of an independent HMO? - ANSWER Board
of Directors

Medical Directors typically have responsibility for: - ANSWER Utilization management
Benefits determinations for appeals
Quality management

State and federal regulations consistently apply network access standards to: -
ANSWER POS plans and HMOs
Which organization(s) need a Corporate Compliance Officer (CCO)? - ANSWER
Hospitals &
Health plans with a Medicare Advantage risk contract
T or F: Board of Directors has final responsibility for all aspects of an independent HMO
- ANSWER True

T or F: In the medical management area, committees serve to diffuse some elements of
responsibility and allow important input from the field into procedure and policy or even
into case-specific interpretation of existing policy. - ANSWER True

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