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Chapter 1: The Business of Medicine – Study Guide with Correct Questions and Answers (Healthcare Management Overview)

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Escrito en
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Comprehensive Chapter 1 study guide on The Business of Medicine featuring correctly written questions and answers. Covers healthcare systems, insurance, reimbursement, ethics, legal responsibilities, and medical practice management for nursing and allied health students.

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Comprehensive Chapter 1
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Comprehensive Chapter 1

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Chapter 1- The Business of Medicine
with questions and answers written
correcly




Which was enacted as a part of the American Recovery and Reinvestment Act of 2009 (ARRA) and
affected privacy and security? - correct answer.💖💖💖💖✔<<<<<HITECH



Select the TRUE statement regarding ABNs.



* ABNs may not be recognized by non-Medicare payers.

* ABNs must be signed for emergency or urgent care.

* ABNs should be routinely signed by Medicare Beneficiaries in case Medicare doesn't cover a service.

* ABNs are not required to include an estimate cost for the service. - correct
answer.💖💖💖💖✔<<<<<ABNs may not be recognized by non-Medicare payers



What document is referred to when looking for potential problem areas identified by the government
indicating scrutiny of the services within the coming year? - correct answer.💖💖💖💖✔<<<<<OIG
Work Plan



Which statement describes a medically necessary service?



* Using the appropriate course of treatment to fit within the patient's lifestyle.

* Using the closest facility to perform a service procedure.

* Performing a procedure/service based on cost to eliminate wasteful services.

, * Using the least radical service/procedure that allows for effective treatment of the patient's complaint
or condition. - correct answer.💖💖💖💖✔<<<<<Using the least radical service/procedure that
allows for effective treatment of the patients complaint or condition.



What would not be considered a covered entity under HIPAA?



* HMOs

* Clearinghouses

* Doctors

* Patients - correct answer.💖💖💖💖✔<<<<<Patients



Under HIPAA, what would be a policy requirement for "minimum necessary"?



* Only the treating provider has access to protected health information.

* Only the patient has access to his or her own protected health information.

* Anyone within the provider's office can have access to protected health information.

* Only individuals whose job requires it may have access to protected health information. - correct
answer.💖💖💖💖✔<<<<<Only individuals whose job requires it may have access to protected
health information.



When presenting a cost estimate on an ABN for a potentially non-covered service, the cost estimate
should be within what range of the actual cost? - correct answer.💖💖💖💖✔<<<<<$100 or 25%



According to the example LCD from Novitas Solutions, measurement of vitamin D levels is indicated for
patients with which condition?



* Hypoparathyroidism

* Fibromyalgia

* Muscle weakness

* Fatigue - correct answer.💖💖💖💖✔<<<<<Fibromyalgia

Escuela, estudio y materia

Institución
Comprehensive Chapter 1
Grado
Comprehensive Chapter 1

Información del documento

Subido en
10 de enero de 2026
Número de páginas
6
Escrito en
2025/2026
Tipo
Examen
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