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HSM 4215 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+

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HSM 4215 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ Which of the following are good sources of information for the practice manager? - Answers Centers for Medicare and Medicaid Services , Dartmouth Atlas, Institute for Healthcare Improvement, and Kaiser family foundation Which of the following best describes accounting? - Answers A system for keeping score in business using dollars A group practice is defined as a medical practice consisting of two or more practitioners working in a common management and administrative structure. - Answers True Which of the following is not a medical practice form? - Answers A licensed medical organization What is the approximate number of physicians licensed in the United States? - Answers 1 million What are the components of the "Practice Conundrum?" - Answers Cost, quality and access In what manner is "the perfect storm" is a metaphor for medical practice today? - Answers It symbolizes the convergence of many of today's challenges on the medical practice. The United States has fewer physicians per capita than many other OECD countries. - Answers True What is the approximate percentage of medical are purchased by government entities? - Answers 35% Which of the following is not a major piece of healthcare legislation? - Answers IHI According to the National Center for Health Statistics, what percentage of visits involved dug therapy? - Answers More than 75% Which of the following would best be described as a chronic condition or disease? - Answers Diabetes Chronic conditions in the United States have been decreasing rapidly over the last 20 years - Answers False The United States has more specialty practitioners per capita than many other industrialized countries - Answers True Which of the following is not a cause of escalating medical costs in the United States? - Answers Too few hospitals The process that practices use to make significant decisions is which of the following - Answers Governance Which of the following are direct reports to the governing board who are held accountable for the practice's achievement of its objectives? - Answers Management Which of the following best describes accountability? - Answers accepting responsibility for decisions that affect organizational performance The American healthcare delivery system can be described as _____________? - Answers Diversified, fragmented, complex, expensive Relative to systems in other nations, the United States healthcare system tends to be characterized as ___________? - Answers low in quality, proportional to its high cost A fundamental aspect of any organization, including a medical practice is _______________? - Answers its governance structure Which of the following is not typically included in a practice's governance structure? - Answers Community members The medical practice manager or administrator provides as essential link between which of the following? Please choose the best answer - Answers The organization's employees and the governing board Which of the following is not a stand-alone practice form? - Answers Accountable care organizations Which of the following features of an employment agreement tends to be most controversial? - Answers Restrictive covenants Decision making in the medical practice is most influenced by ___________? - Answers A and B are both very important (culture and mission, vision and values) Which of the following was a central feature of the Affordable Care Act (ACA)? - Answers The accountable care organizations (ACO) and A standardized benefit structure. What is the difference between a merger and an acquisition of a medical practice? - Answers An acquisition involves the purchase of a practice's assets by another practice or healthcare organization and typically includes the employment of the physicians and staff by the acquiring practice, whereas the merger of two practices involves the combining of assets of both practices to form a new entity. Mergers and acquisitions are on the increase, resulting in practices of larger sizes - Answers True Accountable care organizations (ACOs) focus on improving population health, improving patient experience and reducing the total cost of care. - Answers True Clinical integration is an alternative care delivery model that aligns the incentives of phy

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HSM 4215 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+

Which of the following are good sources of information for the practice manager? - Answers Centers for
Medicare and Medicaid Services , Dartmouth Atlas, Institute for Healthcare Improvement, and Kaiser
family foundation

Which of the following best describes accounting? - Answers A system for keeping score in business
using dollars

A group practice is defined as a medical practice consisting of two or more practitioners working in a
common management and administrative structure. - Answers True

Which of the following is not a medical practice form? - Answers A licensed medical organization

What is the approximate number of physicians licensed in the United States? - Answers 1 million

What are the components of the "Practice Conundrum?" - Answers Cost, quality and access

In what manner is "the perfect storm" is a metaphor for medical practice today? - Answers It symbolizes
the convergence of many of today's challenges on the medical practice.

The United States has fewer physicians per capita than many other OECD countries. - Answers True

What is the approximate percentage of medical are purchased by government entities? - Answers 35%

Which of the following is not a major piece of healthcare legislation? - Answers IHI

According to the National Center for Health Statistics, what percentage of visits involved dug therapy? -
Answers More than 75%

Which of the following would best be described as a chronic condition or disease? - Answers Diabetes

Chronic conditions in the United States have been decreasing rapidly over the last 20 years - Answers
False

The United States has more specialty practitioners per capita than many other industrialized countries -
Answers True

Which of the following is not a cause of escalating medical costs in the United States? - Answers Too few
hospitals

The process that practices use to make significant decisions is which of the following - Answers
Governance

Which of the following are direct reports to the governing board who are held accountable for the
practice's achievement of its objectives? - Answers Management

,Which of the following best describes accountability? - Answers accepting responsibility for decisions
that affect organizational performance

The American healthcare delivery system can be described as _____________? - Answers Diversified,
fragmented, complex, expensive

Relative to systems in other nations, the United States healthcare system tends to be characterized as
___________? - Answers low in quality, proportional to its high cost

A fundamental aspect of any organization, including a medical practice is _______________? - Answers
its governance structure

Which of the following is not typically included in a practice's governance structure? - Answers
Community members

The medical practice manager or administrator provides as essential link between which of the
following? Please choose the best answer - Answers The organization's employees and the governing
board

Which of the following is not a stand-alone practice form? - Answers Accountable care organizations

Which of the following features of an employment agreement tends to be most controversial? - Answers
Restrictive covenants

Decision making in the medical practice is most influenced by ___________? - Answers A and B are both
very important (culture and mission, vision and values)

Which of the following was a central feature of the Affordable Care Act (ACA)? - Answers The
accountable care organizations (ACO) and A standardized benefit structure.

What is the difference between a merger and an acquisition of a medical practice? - Answers An
acquisition involves the purchase of a practice's assets by another practice or healthcare organization
and typically includes the employment of the physicians and staff by the acquiring practice, whereas the
merger of two practices involves the combining of assets of both practices to form a new entity.

Mergers and acquisitions are on the increase, resulting in practices of larger sizes - Answers True

Accountable care organizations (ACOs) focus on improving population health, improving patient
experience and reducing the total cost of care. - Answers True

Clinical integration is an alternative care delivery model that aligns the incentives of physcians - Answers
the statement is true but integration also involves many additional elements

Which of the following best describes a patient-centered medical home (PCMH)? - Answers A practice
model focusing on prevention and early intervention for patient care

To be a certified PCMH, the practice must be certified by the NCQA - Answers True

, What are some of the positive benefits of integration? - Answers Economies of scale can be leveraged,
cost-effectiveness is more likely to be achieved, clinical care can better be coordinated, more specialty
staff with greater expertise may be hired and allows greater access to capital

Why do mergers and acquisitions frequently produce suboptimal results - Answers a clash of culture
occurs

Physicians who treat patients are known as which of the following - Answers Clinical staff and Providers

Relative to the systems of other developed countries, what is the most unique feature of the American
healthcare system? - Answers the number of citizens without healthcare coverage (insurance or other
forms of third-party payment)

The PCMH would be more likely to practice which of the following? - Answers Patient-directed care

An osteopathic medical school graduate may take an allopathic residency - Answers true

Judging from the merger checklist in the text, mergers and acquisitions are relatively simple if the
checklist is followed - Answers False

An electronic health record (EHR) is a absolute requirement for the medical practice - Answers False

Which of the following are important characteristics of an IT system in the medical practice? - Answers
Usable, Specific,Scalable, and Secure

IT systems have a significant learning curve, and initially productivity ___________ until staff is fully
trained and adapted to the system. - Answers Likely decrease

Which of the following is the best definition of meaningful use? - Answers A three-stage process
requiring practices to effectively use electronic record systems for the benefit of patients, allowing
providers to receive incentives under the Medicare and Medicaid EHR incentive programs

What is the most important benefit of an easy interface for an IT system? - Answers The system is more
likely to be accepted by stakeholders.

Stand-alone system are the most efficient and effective IT system. - Answers False

When training physicians and non physician staff on a new IT system, which of the following approaches
is best? - Answers Carefully plan and designed training for each group that will be using the system

There is substantial evidence that electronic records increase clinical productivity - Answers False

Which statement best describes the decision-support functions of an IT system? - Answers Decision
support assists practices in justifying the business case for actions it plans to take

Which of the following is not typically part of the electronic medical record? - Answers Billing records

Which of the following is not an ancillary service - Answers Physician services

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