Verified Answers 2026.
Under what section of the Internal Revenue Code are non-profit, tax-exempt entities organized?
- Answer 501(c)(3)
All but one of the following is a good legal defense to a charge of antitrust behavior. Which one
is that? - Answer conspiracy between different types of health care organizations
The IRS prohibits a for-profit corporation from buying a non-profit, tax-exempt entity. - Answer
False
The Robinson-Patman Act makes it illegal for an organization to sell the same product to two
different customers at different prices - Answer True
All but one of the following is a means by which the DOJ pr the FTC might first hear about a
possible antitrust violation. Which one is an unlikely source of such information? - Answer A
DOJ/FTC review of a proposed arrangement reported under the premerger notification
requirements in the Clayton Act may reveal incriminating information.
Which of the following is not an example of incentives that hospitals use for recruiting and
retaining physicians. - Answer Educational loan reimbursement
The Federal Trade Commission Act prohibits unfair methods of competition by non-profit
organizations. - Answer False
If an excess benefit transaction is shown to have occurred, the disqualified person receiving the
benefit may have to pay an excise tax of 200% of the excess benefit amount. - Answer True
Which of the following factors are driving health care organizations, including tax-exempt
hospitals, to think about a merger with or an acquisition of another similar or complementary
organization? - Answer Pressures of increased market competition
Need to protect the security and privacy of personal patient health information.
Which of the following is an accurate statement? - Answer The antitrust laws are intended to
protect overall competition in a defined market.
Members of the health care industry or the general public can recommend to the OIG that it
issue Safe Harbors or Special Fraud Alerts on specific topics. - Answer True
, Individuals have the right to request that a covered entity restrict its use or disclosure of PHI for
treatment, payment or health care operations, its disclosure to persons involved in the
individual's health care or payment for health care, or its disclosure to family members or
others about the individual's general condition, location, or death. - Answer True
Like the Privacy Rule, the HIPAA Security Rule applies to all forms of PHI - electronic, written,
and oral. - Answer False
The OIG will not issue Advisory Opinions on certain types of topics or questions. They are -
Answer All of the above
The HIPAA Privacy and Security Rules apply to "covered entities" but not to the "business
associates" who work for them. - Answer False
What are the two situations in which a covered entity must disclose PHI? - Answer A and C
Give examples of the typical terms of a Safe Harbor. - Answer All of he above
What pieces of information that must be included with every request for an Advisory Opinion. -
Answer All of he above
What are the categories of "covered entities" with HIPAA. - Answer A and B
A third party that is considering an arrangement that is virtually identical to another
arrangement covered by an Advisory Opinion issued to another party may rely on that opinion. -
Answer False
The term of a typical Corporate Integrity Agreement IS: - Answer 5 years
The framework of a Corporate Integrity Agreement is based on: - Answer Both A and B.
It is possible for a provider to commit a fraud and abuse violation and yet avoid being subject to
a CIA. - Answer True
The OIG reserves the right to interview the organization's employees with or without the
employees' consent. - Answer False