With 100% Verified Solutions
Under the capitation, the risks of over-utilization are shifted to the:
a. patient receiving the health service
b. provider of the health service
c. third party payors
d. health insurance company - ANSWER -b. provider of the health service
Which of the following ratios would be used to estimate cask flow for a specific
time period:
a. Receivable balance TO Average daily revenue for period
b. Net Account receivable TO Gross account receivables
c. Cash collected during period TO Revenue for period
d. Deduction from revenue TO Gross revenue for period - ANSWER -c. Cash
collected during period TO Revenue for period
In developing workload measurements for estimating manpower requirements for
budget preparation, the analyst should first:
a. develop relative units for each cost center
b. predict payor mix for the budget year
determine available staff for each department
d. forecast total admissions activity levels and patient days - ANSWER -d. forecast
total admissions activity levels and patient days
Under generally accepted accounting standards, bad debt are reported as a/an:
a. deduction from revenue
b. operating expense
c. contractual allowance
d. deduction from gross revenue - ANSWER -b. operating expense
A technique used to shorten the in-house processing time of the accounts
receivable cycle is a:
,a. "lock-box" agreement
b. line of credit arrangement
c. minimum balance agreement
d. shorten write-off date - ANSWER -a. "lock-box" agreement
Which of the following best describes a plan for the development of a facility'
physical plant?
a. a set of completed plans and specifications for all of the changes to be made to
the physical plant
b. a projection of the cash flow for the plant -related projects
c. a listing of the changes, sequence, and cost to meet projected capacity
requirements
a financial feasibility study of funding alternatives for plant development -
ANSWER -c. a listing of the changes, sequence, and cost to meet projected
capacity requirements
In planning to purchase new equipment, a healthcare facility should always be
sure:
a. to speak with all suppliers and ask for presentations by suppliers
b. that the purchase is part of the facility's capital plan
c. to take the lowest bid
d. to take the recommendation of the medical director - ANSWER -b. that the
purchase is part of the facility's capital plan
The selection of major item of equipment should be:
a. guided by a selection group composed of the users and maintainers of that
equipment
b. made by the medical director of the department
c. the sole choice of the administrator
d. the decision of the board of directors - ANSWER -a. guided by a selection group
composed of the users and maintainers of that equipment
An effective plan for equipment maintenance is:
a. ensured by having all replacement parts in stock
b. determine when the equipment is installed and need not be changed
, c. based on manufacture's recommendation and facility experience with the
equipment
d. ensured by having a computer based preventive maintenance system - ANSWER
-c. based on manufacture's recommendation and facility experience with the
equipment
To access the effectiveness of its maintenance program, a health facility should:
a. review the cost of the maintenance activities
b. send satisfaction questionnaires to user department
c. monitor an established set of performance measures on a periodic basis
d. have an outside consultant review the program - ANSWER -c. monitor an
established set of performance measures on a periodic basis
The organization's strategic plan, accreditation and licensing requirements , and
the need to improve functional efficiency may indicated the need for a building
program. To develop a program that best meets these needs, the healthcare
organization should:
a. interview the medical staff for suggestions
b. interview the department managers regarding planned growth
c. interview board members
d. prepare a master facility plan - ANSWER -d. prepare a master facility plan
The master facility plan for development of a healthcare organization's physical
plant should be based on:
a. the suggestions of the medical staff for clinical services expansion
b. the facility's strategic plan and volume projections
c. recommendations from licensing and accrediting bodies
d. the architect's drawings - ANSWER -b. the facility's strategic plan and volume
projections
A facility maintenance program will be most effective if:
a. request for service are satisfied promptly.
b. reliability, safety and efficient operation guide the plan's design
c. system failures occur rarely