- Question 1
| The majority of hospitals in the United States are classified as private for-profit hospitals. · True · False |
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- Question 2
| Charity Care is defined as care for services when it is expected that the patients will not pay. · True · False |
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- Question 3
| The capitation method of payment is one of the many strategies used by managed care companies to control costs. · True · False |
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- Question 4
| In 2004, there was nationwide litigation against several large not-for-profit health systems. Please explain the following: the reason for the legal action; the reason why the law targeted not-for-profit hospitals; the government response (federal, state and local level) to this occurrence. |
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- Question 5
| Please explain the organization purpose and also identify why each point is important to the management of health care organizations. |
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- Question 6
| The prepaid group practice was the forerunner of the BlueCross/ Blue Shield plans that are in existence today. | |||||
- True
- Question 7
Please list and discuss the characteristics of the three methods of payment. Please also list at least one strength and weakness of each of the chosen methods.
- Question 8
In the Statement of Cash Flows, cash flows from investing activates contain information regarding the purchases and sale of PPE (Property, Plant, and Equipment).
- True
- False
- Question 9
In cost allocations, the direct method recognizes the interdependencies between the various support departments (e.g., relationship human resources, housekeeping, and administration).
- True
- False
- Question 10
As you move down the asset section of the balance sheet, assets become more liquid.
- True
- False
- Question 11
Please list and define the three measures of charity care. Which level is most likely to be performed by hospitals?
- Question 12
Cost that occur with relative certainty, and occur regardless of the level of volume over a relevant range are known as adjusted costs.
- True
- False
