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Practice Management Institute-CMOM- Module 1 2025/2026 Exam Questions and Answers | 100% Pass

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Practice Management Institute-CMOM- Module 1 2025/2026 Exam Questions and Answers | 100% Pass Critical areas of the practice (3) -

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Practice Management Institute-CMOM-
Module 1 2025/2026 Exam Questions
and Answers | 100% Pass



Critical areas of the practice (3) - 🧠ANSWER ✔✔Patient Care, Revenue

enhancement, Cost containment


Important vs. Urgent - 🧠ANSWER ✔✔Important eventually becomes

urgent. So strategy is to act on the important before it becomes urgent.


Important things fall under 7 key activities - 🧠ANSWER ✔✔1. Improving

communications with people.

2. Better preparation

3. better planning and organization

4. Taking better care of onself

5. seizing new opportunists

6. Personal development

7. Empowerment



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,Time management - 🧠ANSWER ✔✔Set goals. Allow time for reading and

educating. Be informed about the changing heath care industry. Read

about the different styles of managed care contracts. Learn about captation

and how to calculate capitation rates. Read. Avoid taking work home.

10 minutes in the morning and include provider if possible. Time

management for employees. - 🧠ANSWER ✔✔Stand up meeting


Practice Policies and Procedure Manual - 🧠ANSWER ✔✔defines every job

function. Serve as an instruction guide for all employees.


Praise - 🧠ANSWER ✔✔Offer encouragement and praise profusely, but

offer help only upon request.

Monthly summary gives the provides concise data about the practice

activity that can be reviewed in 10 minutes or less - 🧠ANSWER

✔✔Summary Report


ACT in 1938- requires employers to keep records on wages and hours

worked. - 🧠ANSWER ✔✔Fair Labor Standards Act- FLSA


1. Established minimum wage

Wage records; exempt and non-exempt


2
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED

, 2. Regulated child labor


3. Established overtime pay - 🧠ANSWER ✔✔FLSA (Fair Labor Standards

Act) provides the following:

The Department of Labor does not require a special format for wage

records as long as they are easily ascertainable. Should include: Full name

of employee, SSN, Address, Sex, DOB, position, Hours of work, rate of

pay, total hours worked per week, total wages for each pay period,

payment date, total amount of additions to or deductions - 🧠ANSWER

✔✔Wage Records


Employee records must be maintained for a minimum of _ years -

🧠ANSWER ✔✔3 years


A work week is defined as_ - 🧠ANSWER ✔✔168 hours during seven

consecutive 24 hour periods. It may begin any day of the week. Work week

start day must be published.

Pay that is 1.5 times the regular rate of pay. Exceeds 40 hours - 🧠ANSWER

✔✔OT for non-exempt (hourly pay)




3
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STATEMENT. ALL RIGHTS RESERVED

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