HSA4431- Exam 1 UPDATED ACTUAL
Exam Questions and CORRECT Answers
Health care operations is about management of interconnected processes, or systems. -
CORRECT ANSWER True
The healthcare industry has been a in the United States in demonstrating how best to manage the
processes and systems required to produce patient care services - CORRECT
ANSWER True
Finding waste, improving utilization, and generally stabilizing and reducing the overall cost of
delivering service are essential functions for a healthcare manager. - CORRECT
ANSWER True
Inputs to production of health care services include labor and capital, including cash, technology,
personnel, space, equipment, and information - CORRECT ANSWER False
The healthcare industry has a great deal of parallel with airlines in terms of how business
processes can be managed quickly and efficiently - CORRECT ANSWER False
Clinical, financial, and other goals for a healthcare organization are clear, with little ambiguity. -
CORRECT ANSWER False
Evidence-based healthcare can be applied in logistics and operations in a healthcare organization
- CORRECT ANSWER True
Hospitals offer an intangible product that is not easily packaged or classified to be sold -
CORRECT ANSWER True
The basic definition of hospital involves providing services clustered around observation,
diagnosis and treatment - CORRECT ANSWER True
, Vertical integration in healthcare involves consolidation, mergers, acquisitions, or alliances
among several competitive or cooperative hospitals - CORRECT ANSWER False
Regulations provide broad guidelines that are used to create specific procedures within a system
- CORRECT ANSWER False
The main focus of HITECH was to develop a national health information technology
infrastructure - CORRECT ANSWER True
Finance and accounting represent a negligible portion of health care - CORRECT
ANSWER False
Academic medical centers are generally the same as other community hospitals in terms of size
and number of service lines offered - CORRECT ANSWER False
An understanding of finance is important in managing operations in a healthcare organization -
CORRECT ANSWER True
Dealing with insurers is a minor concern to healthcare provider organizations, since the patient is
ultimately responsible for paying the bill - CORRECT ANSWER False
The Patient Protection and Affordable Care Act includes fee reductions to healthcare providers -
CORRECT ANSWER True
Discounting fess in healthcare services is not a common practice, since the Charge Description
Master price determines the realizable revenue for an account - CORRECT
ANSWER True
About one-third of hospitals in the United States have a negative operating margin - CORRECT
ANSWER False
Exam Questions and CORRECT Answers
Health care operations is about management of interconnected processes, or systems. -
CORRECT ANSWER True
The healthcare industry has been a in the United States in demonstrating how best to manage the
processes and systems required to produce patient care services - CORRECT
ANSWER True
Finding waste, improving utilization, and generally stabilizing and reducing the overall cost of
delivering service are essential functions for a healthcare manager. - CORRECT
ANSWER True
Inputs to production of health care services include labor and capital, including cash, technology,
personnel, space, equipment, and information - CORRECT ANSWER False
The healthcare industry has a great deal of parallel with airlines in terms of how business
processes can be managed quickly and efficiently - CORRECT ANSWER False
Clinical, financial, and other goals for a healthcare organization are clear, with little ambiguity. -
CORRECT ANSWER False
Evidence-based healthcare can be applied in logistics and operations in a healthcare organization
- CORRECT ANSWER True
Hospitals offer an intangible product that is not easily packaged or classified to be sold -
CORRECT ANSWER True
The basic definition of hospital involves providing services clustered around observation,
diagnosis and treatment - CORRECT ANSWER True
, Vertical integration in healthcare involves consolidation, mergers, acquisitions, or alliances
among several competitive or cooperative hospitals - CORRECT ANSWER False
Regulations provide broad guidelines that are used to create specific procedures within a system
- CORRECT ANSWER False
The main focus of HITECH was to develop a national health information technology
infrastructure - CORRECT ANSWER True
Finance and accounting represent a negligible portion of health care - CORRECT
ANSWER False
Academic medical centers are generally the same as other community hospitals in terms of size
and number of service lines offered - CORRECT ANSWER False
An understanding of finance is important in managing operations in a healthcare organization -
CORRECT ANSWER True
Dealing with insurers is a minor concern to healthcare provider organizations, since the patient is
ultimately responsible for paying the bill - CORRECT ANSWER False
The Patient Protection and Affordable Care Act includes fee reductions to healthcare providers -
CORRECT ANSWER True
Discounting fess in healthcare services is not a common practice, since the Charge Description
Master price determines the realizable revenue for an account - CORRECT
ANSWER True
About one-third of hospitals in the United States have a negative operating margin - CORRECT
ANSWER False