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PRM Exam 3 Questions AND Correct Answers

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PRM Exam 3 Questions AND Correct Answers

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PRM Exam 3 Questions AND Correct Answers
340B prescriptions reimbursement from third party/what
patient pays - ✔✔Uninsured patients may pay usual and
customary price
Insured: pay usual copay, insurer reimburses pharmacy the
usual


Abrashoff readings: what produces phenomenal results? -
✔✔Innovative practices combined with true empowerment


Abrashoff's six principles - ✔✔Don't just take command-
communicate purpose
Leaders listen without prejudice
Practice discipline without formalism
Best captains hand out responsibility, not orders
Successful crews perform with devotion
True change is permanent


Application of 340B to pharmaceutical manufacturers -
✔✔Those that participate in Medicaid drug rebate program
must provide drugs to covered entities at reduced prices

,Are intrinsic or extrinsic rewards more satisfying? -
✔✔Intrinsic


Basic concept of 340B - ✔✔Reduced drug prices to specific
covered entities


Basic leadership behaviors and definitions - ✔✔Directive
-Related to autocratic management: more structure, control,
supervision
-More one-way communication: tell what, when, where, how
and then supervise


Supportive
-More praising, listening, facilitating


Basis of the managerial grid theory - ✔✔Based on concern for
people (y-axis) and concern for production (x-axis)


Benefits of delegation - ✔✔More effective use of time - fewer
costs
Challenge employees to make decisions-personal and
professional development

,Improves employee motivation-delegation shows confidence
in employee's abilities


Best time to effectively discipline an employee - ✔✔ASAP
(within reason) after the infraction


Can pharmacists provide MTM to nontargeted beneficiaries? -
✔✔Yes, but would bill the beneficiary not the plan


CMS star ratings: high ratings -> - ✔✔Bonus payments
Higher premiums


CMS star ratings: medication management measures -
✔✔High-risk meds
DM treatment
Adherence for DM
Adherence for HTN
Adherence for cholesterol


Coaching leadership style - ✔✔High directive, high supportive

, Close supervision, manager mays til make most of the
decisions
Increased two-way communication
-May even ask for suggestions
-Encourage initiative and risk-taking to a certain extent
-Try to get them to evaluate their own work


Components of one minute manager - ✔✔Set one minute
goals
Give one minute praisings
Deliver one minuter reprimands


Core tenets of grassroots leadership - ✔✔Lead by example
Listen aggressively-no commanding officer has monopoly on
team's skills and brainpower
Communicate purpose and meaning
Create a climate of trust-draw distinction between freedom
and lack of discipline
Look for results, not salutes
Take calculated risks
Go beyond standard operating procedures

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