ACHE FACHE

This ACHE FACHE Certification Exam Study Guide 2026/2027 contains multiple-choice questions with detailed and verified answers. The material covers essential healthcare management topics such as forecasting methods when data is scarce, strategic decision-making for declining products and services, resource allocation, and operational efficiency in healthcare organizations. The questions are designed to reflect FACHE exam standards and emphasize practical application of executive leadership, m...

ACHE FACHE BOG Management Questions with Complete Solutions 1) The purpose of management in a healthcare organization is to: a. Oversee appointment of competent medical staff to render care for the service area b. Appoint an effective governing board based on the wishes of the medical staff c. Implement the mission, strategies, and goals established by the governing board d. Implement stakeholder wishes on the future direction the organization should take c. Implement the mission, strate...

The voting rights of "Ex Officio" mbrs is determined by - CORRECT ANSWERThe By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board - CORRECT ANSWER1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbrs of a BOD is? - CORRECT ANSWER10-15 5 managerial functions of the Board: - CORRECT ANSWER1) Appoint a CEO 2) Establish Mission/Vision/Values 3) Approve long range plans and the annual budget ...

Health Insurance Portability & Accountability Act (HIPAA) is a Federal Law designed to facilitate the electronic exchange of information in health care. Which of the following does not pertain to this law? a) Privacy protection components of the law limit non-consensual use as a release or private health information b) Patients must receive notice of privacy rights c) Restrictions on access to and use of information is required d) Criminal and civil sanctions do not exist for improper use an...

The voting rights of "Ex Officio" mbrs is determined by - CORRECT ANSWER The By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board - CORRECT ANSWER1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbrs of a BOD is? - CORRECT ANSWER10-15 5 managerial functions of the Board: - CORRECT ANSWER1) Appoint a CEO 2) Establish Mission/Vision/Values 3) Approve long range plans and the annual budget...

The interpretation of the healthcare organization's role with respect to healthcare values would require: a. Establishing corporate goals and major institutional policies b. Ensuring that the community served by the facility is well informed about the organization's goals and performances c. Developing a mission statement indicating the organization's fundamental purpose or reason for existence, in order to guide organizational behavior d. Creating a corporate vision of the organization'...

All of the following are commonly recognized to be a right of each patient, except: a. The right to considerate and respectful care b. The right to receive a reasonable response to his/her requests c. The right to communicate with a caregiver in the language of the patients choosing d. For dying patients, the right to receive pain management. - correct answerC. Insurance companies and other payers have introduced pre-admission certification for elective hospital stays in order to:...

Which of the following is a violation of federal fair housing law? A) A landlord refuses to rent to anyone under the age of 30. B) A private homeowner advertises a private house share using the phrase: "No minorities." C) private homeowner lives in a duplex and won't rent the other half to a pregnant woman. D) private homeowner lives in a triplex and won't rent one of the units to a family. - correct answerA private homeowner advertises a private house share using the phrase: "No min...

Triage - correct answerThe evaluation of patient conditions for urgency and seriousness and the establishment of a priority list to direct care and ensure the efficient use of medical and nursing staff and facilities Urgent Care - correct answerCare for injury, illness, or another type of condition (usually not life threatening) that should be treated within 24 hours; also refers to after hours care and to a health plan's classification of hospital admissions as urgent, semiurgent, or electi...

Sarbanes Oxley - correct answer US federal law that set new or expanded requirements for all US public company boards, management and public accounting firms. Cover responsibilities of a public corporation's board of directors, adds criminal penalties and required SEC to create regulations FMLA - correct answer1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family reasons Purpose of any HCO - correct answer to provide ca...

Acid-test ratio - correct answer The ratio of total assets to total liability Market Potential - correct answer The volume that would be realized if each prospective consumer were to purchase a specific amount of a particular service during a defined future time frame. General Ledger - correct answer Entries assign capital costs through depreciation of long-term assets, adjust inventory values, and allocate expenses of central services. Net Revenue - correct answer Income actually recei...

For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient daylight hours. 3. An increase in the budgeted fixed costs for the routine service cost center. 4.No change in the average cost per patient day. - correct answer2. Which of the following balance sheet items would differ between a for-profit and a not-for-profit healthcare orga...

The interpretation of the healthcare organization's role with respect to healthcare values would require: a. Establishing corporate goals and major institutional policies b. Ensuring that the community served by the facility is well informed about the organization's goals and performances c. Developing a mission statement indicating the organization's fundamental purpose or reason for existence, in order to guide organizational behavior d. Creating a corporate vision of the organization'...

c. Implement the mission, strategies and goals established by the governing board - correct answer1) The purpose of management in a healthcare organization is to: a. Oversee appointment of competent medical staff to render care for the service area b. Appoint an effective governing board based on the wishes of the medical staff c. Implement the mission, strategies and goals established by the governing board d. Implement stakeholder wishes on the future direction the organization should take...

CEO Compensation should be based on: a. the compensation arrangement with prior CEO b. executive compensation in local corporations with similar gross revenues c. present day salary plus cost-of living adjustment d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere -ANS-d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere An essential function of the governing board is t...

For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient day. 3. An increase in the budgeted fixed costs for the routine service cost center. 4.No change in the average cost per patient day. -ANS-2. Which of the following balance sheet items would differ between a for-profit and a not-for-profit healthcare organization? 1.Retaine...