NSG 3180 EXAM 2 FINAL PAPER 2026 STUDY
GUIDE DETAILED ANSWERS READY
◉ Bad debt in health care finance is defined as:
Answer: The health care bills for service but received no payment.
These operating expenses are based on charges, not cost, and are
written off by the organization. This term is usually used with for-
profit organization.
◉ CMI is an acronym that stands for:
Answer: Center for Medicare and Medicaid Innovation.
◉ Capital budget may include all of the following EXCEPT
Answer: -Land acquisition
-Facility construction, acquisition, renovation.
-Routine capital equipment used in clinical areas.
-Information technology infrastructure and upgrades.
-Acquisition of staff physicians
◉ Charge setting is controlled by:
Answer: Individual healthcare managers and large organizations
,◉ Charity care is
Answer: Organization provides care, knowing the patient will be
unable to pay.
◉ Current assets may include
Answer: It is inventory, cash on hand, account receivable, and other
such items that can be converted into cash in less than one year.
◉ For-profit health care organizations are usually owned by:
Answer: Owned by investors or others who have an interest on
making a profit from the service that are provided.
◉ Health care financial management involves
Answer: -Working to increase the revenues and decrease the costs of
the organization.
-Making organizational forecasts, while taking into consideration
numerous external environmental variables
-Has the goal of the finance department to put the organization in
the best position possible.
◉ Physician reimbursement through Medicare will eventually be:
Answer: -Resource-Based Relative Value Scale (RBRVS) system pays
a prospective flat fee for physician visit and is based on Healthcare
Common Procedure Coding System (HCPCS) that uses CPT codes.
, -will allow physicians to pay increase over the next five years.
◉ Primary sources of working capital include all of the following
EXCEPT:
Answer: Include
-Permanent working capital.
-Net income, or profits.
-Temporary working capital
◉ Setting prices in health care organizations involves consideration
of all the following Except
Answer: Setting prices include:
-State and Federal laws and regulations
-The Joint Commission and other accrediting body regulations.
- Antitrust and other fair-pricing laws
- Profit-oriented pricing
◉ The Balanced Budget Act of 1997 implemented cost controls for
Medicare expenditures in all of the followings health care sectors
Except
Answer: Inculdes: skilled nursing facilities, home health agencies,
and outpatient hospitals and clinics
GUIDE DETAILED ANSWERS READY
◉ Bad debt in health care finance is defined as:
Answer: The health care bills for service but received no payment.
These operating expenses are based on charges, not cost, and are
written off by the organization. This term is usually used with for-
profit organization.
◉ CMI is an acronym that stands for:
Answer: Center for Medicare and Medicaid Innovation.
◉ Capital budget may include all of the following EXCEPT
Answer: -Land acquisition
-Facility construction, acquisition, renovation.
-Routine capital equipment used in clinical areas.
-Information technology infrastructure and upgrades.
-Acquisition of staff physicians
◉ Charge setting is controlled by:
Answer: Individual healthcare managers and large organizations
,◉ Charity care is
Answer: Organization provides care, knowing the patient will be
unable to pay.
◉ Current assets may include
Answer: It is inventory, cash on hand, account receivable, and other
such items that can be converted into cash in less than one year.
◉ For-profit health care organizations are usually owned by:
Answer: Owned by investors or others who have an interest on
making a profit from the service that are provided.
◉ Health care financial management involves
Answer: -Working to increase the revenues and decrease the costs of
the organization.
-Making organizational forecasts, while taking into consideration
numerous external environmental variables
-Has the goal of the finance department to put the organization in
the best position possible.
◉ Physician reimbursement through Medicare will eventually be:
Answer: -Resource-Based Relative Value Scale (RBRVS) system pays
a prospective flat fee for physician visit and is based on Healthcare
Common Procedure Coding System (HCPCS) that uses CPT codes.
, -will allow physicians to pay increase over the next five years.
◉ Primary sources of working capital include all of the following
EXCEPT:
Answer: Include
-Permanent working capital.
-Net income, or profits.
-Temporary working capital
◉ Setting prices in health care organizations involves consideration
of all the following Except
Answer: Setting prices include:
-State and Federal laws and regulations
-The Joint Commission and other accrediting body regulations.
- Antitrust and other fair-pricing laws
- Profit-oriented pricing
◉ The Balanced Budget Act of 1997 implemented cost controls for
Medicare expenditures in all of the followings health care sectors
Except
Answer: Inculdes: skilled nursing facilities, home health agencies,
and outpatient hospitals and clinics
