Test bank for Fundamentals
Management Stephen L. W
,1. ch01-001
Which of the following are good sources of information for the practice manager?
a. Centers for Medicare & Medicaid Services (CMS)
b. Dartmouth Atlas
c. Institute for Healthcare Improvement
d. Kaiser Family Foundation
*e. All of the above
2. ch01-002
Which of the following best describes accounting?
*a. A system for keeping score in business using dollars
b. A process of debits and credits
c. A way of creating a balance sheet
d. Required to do business
3. ch01-003
A group practice is defined as a medical practice consisting of two or more practitioners working in a
common management and administrative structure.
*a. True
b. False
,4. ch01-004
Which of the following is not a medical practice form?
a. Solo practice
b. Group practice
c. Part of an integrated delivery system
*d. A licensed medical organization
e. ACO
5. ch01-005
What is the approximate number of physicians licensed in the United States?
*a. 1 million
b. 500,000
c. 2 million
d. 750,000
6. ch01-006
What are the components of the ?Practice Conundrum??
a. Cost, variation, insurance
*b. Cost, quality, access
c. Insurance, Medicare, licensing
d. Complexity, quality, access
e. Complexity, physicians, hospitals
, 7. ch01-007
In what manner is ?the perfect storm? is a metaphor for medical practice today?
a. It is a story about the dangers of disregarding risk.
*b. It symbolizes the convergence of many of today?s challenges on the medical practice.
c. It relates to the effect of malpractice cost on medical practices.
d. It symbolizes human resource issues and their effect on medical practice.
8. ch01-008
The United States has fewer physicians per capita than many other OECD countries.
*a. True
b. False
9. ch01-009
What is the approximate percentage of medical care purchased by government entities?
a. 10%
b. 20%
c. 80%
*d. 35%
e. 45%
Management Stephen L. W
,1. ch01-001
Which of the following are good sources of information for the practice manager?
a. Centers for Medicare & Medicaid Services (CMS)
b. Dartmouth Atlas
c. Institute for Healthcare Improvement
d. Kaiser Family Foundation
*e. All of the above
2. ch01-002
Which of the following best describes accounting?
*a. A system for keeping score in business using dollars
b. A process of debits and credits
c. A way of creating a balance sheet
d. Required to do business
3. ch01-003
A group practice is defined as a medical practice consisting of two or more practitioners working in a
common management and administrative structure.
*a. True
b. False
,4. ch01-004
Which of the following is not a medical practice form?
a. Solo practice
b. Group practice
c. Part of an integrated delivery system
*d. A licensed medical organization
e. ACO
5. ch01-005
What is the approximate number of physicians licensed in the United States?
*a. 1 million
b. 500,000
c. 2 million
d. 750,000
6. ch01-006
What are the components of the ?Practice Conundrum??
a. Cost, variation, insurance
*b. Cost, quality, access
c. Insurance, Medicare, licensing
d. Complexity, quality, access
e. Complexity, physicians, hospitals
, 7. ch01-007
In what manner is ?the perfect storm? is a metaphor for medical practice today?
a. It is a story about the dangers of disregarding risk.
*b. It symbolizes the convergence of many of today?s challenges on the medical practice.
c. It relates to the effect of malpractice cost on medical practices.
d. It symbolizes human resource issues and their effect on medical practice.
8. ch01-008
The United States has fewer physicians per capita than many other OECD countries.
*a. True
b. False
9. ch01-009
What is the approximate percentage of medical care purchased by government entities?
a. 10%
b. 20%
c. 80%
*d. 35%
e. 45%
