Virginia State University

For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient day. 3. An increase in the budgeted fixed costs for the routine service cost center. 4.No change in the average cost per patient day. Correct Ans 2. Which of the following balance sheet items would differ between a for-profit and a not-for-profit healthcare organization? 1.Ret...

CEO Compensation should be based on: a. the compensation arrangement with prior CEO b. executive compensation in local corporations with similar gross revenues c. present day salary plus cost-of living adjustment d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere Correct Ans d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere An essential function of the governing b...

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2023-2024 NAHQ CPHQ Exercise Questions And Answers WITH EXPLANATION GRADED A+ 1- In evaluating "long waiting times," a healthcare quality professional best demonstrates components related to staffing, methods, measures, materials, and equipment utilizing 2- Which of the following are the primary reasons for developing drug formularies?

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