Test bank for Healthcare in the
Financial, and Operational D
Walston Test
,1. ch01-001
In the 1700s, physicians in the United States also acted as pharmacies and dispensed medications.
*a. True
b. False
2. ch01-002
Most physicians could become wealthy by practicing medicine in the 1800s.
a. True
*b. False
3. ch01-003
The Flexner Report caused the closure of about 35 percent of existing medical schools.
*a. True
b. False
4. ch01-004
Hospitals were initially funded primarily by charities.
*a. True
b. False
,5. ch01-005
The term ?patent medicine? in the early 1900s referred to medications that had been patented.
a. True
*b. False
6. ch01-006
Healthcare expenditures? share of the US gross domestic product (GDP) has recently decreased
after increasing steadily.
a. True
*b. False
7. ch01-007
The Affordable Care Act has also been known as Obamacare.
*a. True
b. False
8. ch01-008
A disease that persists for three months or longer and cannot be prevented by vaccines or cured by
medication is called a chronic disease.
, *a. True
b. False
9. ch01-009
About 10 percent of the elderly account for almost 50 percent of total US healthcare costs.
*a. True
b. False
10. ch01-010
There is little variation in healthcare spending in different areas of the United States.
a. True
*b. False
11. ch01-011
US life expectancy has steadily improved over the last 50 years.
a. True
*b. False
12. ch01-012
The World Health Organization has predicted that serious epidemics could severely impact the
Financial, and Operational D
Walston Test
,1. ch01-001
In the 1700s, physicians in the United States also acted as pharmacies and dispensed medications.
*a. True
b. False
2. ch01-002
Most physicians could become wealthy by practicing medicine in the 1800s.
a. True
*b. False
3. ch01-003
The Flexner Report caused the closure of about 35 percent of existing medical schools.
*a. True
b. False
4. ch01-004
Hospitals were initially funded primarily by charities.
*a. True
b. False
,5. ch01-005
The term ?patent medicine? in the early 1900s referred to medications that had been patented.
a. True
*b. False
6. ch01-006
Healthcare expenditures? share of the US gross domestic product (GDP) has recently decreased
after increasing steadily.
a. True
*b. False
7. ch01-007
The Affordable Care Act has also been known as Obamacare.
*a. True
b. False
8. ch01-008
A disease that persists for three months or longer and cannot be prevented by vaccines or cured by
medication is called a chronic disease.
, *a. True
b. False
9. ch01-009
About 10 percent of the elderly account for almost 50 percent of total US healthcare costs.
*a. True
b. False
10. ch01-010
There is little variation in healthcare spending in different areas of the United States.
a. True
*b. False
11. ch01-011
US life expectancy has steadily improved over the last 50 years.
a. True
*b. False
12. ch01-012
The World Health Organization has predicted that serious epidemics could severely impact the
