ManaGeMent Oa aCtUal eXaM stUDY GUiDe
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1. Functions of Operational Management - ANSWER ✔ 1. Boundary spanning.
Monitor all external stakeholder groups to identify changes in
their needs and desires. Forecast the need for services, the number of
services to be
supplied, and the size of these services.
2. Knowledge management. Ensure that each individual and team has
prompt,
complete, and reliable information for achieving their goals.
3. Accountability and corporate design. Establish explicit expectations of
every team and
assemble an integrated array that optimally meets community needs.
4. Continuous improvement. Pursue opportunities for improvement (OFIs),
set goals,
and implement improvement in a timely and coordinated fashion.
5. Sustaining and improving. Ensure that the infrastructure is continuously
improved.
2. The Governing Board Must - ANSWER ✔ • establish a strategic direction
for
, the healthcare organization
•that meets stakeholder needs, and
•resolves conflicting views.
3. The board's critical functions, which in turn implement the strategic
direction, are as follows: - ANSWER ✔ 1. Maintain management capability.
2. Establish the mission, vision, and values.
3. Approve corporate strategy and annual implementation.
4. Ensure quality of clinical care.
5. Monitor performance against plans and budgets.
6. Improve board performance.
4. Trustrees - ANSWER ✔ Members of the governing board of a not for profit
HCOs:
•who volunteer their time to the organization their only compensation is the
satisfaction they achieve from
their work
Healthcare leaders must respond to the needs of
______ fairly, consistently and quickly to avoid conflict and ensure that the
organization meets their interests. - ANSWER ✔ Stakeholders
5. Leaders must facilitate the building of a culture
that encourages staff to consider the _____ perspective. - ANSWER ✔
patient
6. Leaders should set realistic, achievable ____ and
, benchmarks for quality of care, patient satisfaction, and staff satisfaction. -
ANSWER ✔ goals
7. The HCO (______ _________) is :
a 24/7/365 operation.
up to date with the latest changes, practices and ______.
adjusts to _______ needs. - ANSWER ✔ Healthcare Organization
technology
community
8. A reporting path that allows each team to communicate its needs to the
larger organization and to ensure the governing board of negotiated
acceptance of goals. - ANSWER ✔ Accountability Hierarchy
9. Helps determine the need for change within the healthcare organization.
Purpose is to sustain an infrastructure to ensure that the HCO's array of
services is effectively designed, aligned, integrated, and continuously
improved. - ANSWER ✔ Operational Leadership
10.Monitor all external stakeholder groups to identify changes in their needs
and desires
Forecast patient needs to plan staffing and facilities - ANSWER ✔ Boundary
Spanning
11.Operating units designed around patient-focused care for related disease
groups and similar medical specialties - ANSWER ✔ Service Lines
, 12.The purpose of the _______ ________ of a well-managed HCO is to create
and maintain a foundation for relationships among the stakeholders that
identifies and implements their wishes as effectively as possible. To set
corporate goals, monitor progress and strategic protection, and make
strategic decisions. - ANSWER ✔ Governing Board (board of trustees)
13.To be successful, accountability (for senior management) must pass three
tests:
_________. Operational scorecard performance should equal or exceed
negotiated goals. In units large enough to have strategic scorecards, senior
leaders are collectively accountable for strategic performance.
_________. The organization's scorecard values should be less than the
values in alternative sources for the product or service, and should be
acceptably close to benchmark or best-practice values.
_________. At the level of aggregation at which revenue is received,
expenditures should equal the amount paid minus an allowance for funding
the long-run strategic goals of the organization. - ANSWER ✔ Control
Comparability
Profitability
14.Community hospitals, medical practices and specialty providers are all
traditional types of _____ - ANSWER ✔ HCO (Healthcare Organizations)
15.Members of the governing board of not-for-profit HCOs who volunteer their
time to the organization; their only compensation is the satisfaction they