Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to:
A. The first mortgagee, ABC
B. The Insured
C. Jointly to ABC and XYZ
D. All listed interests - correct answerD...
frank owned a home that was destroyed by a hurrica
insurance applies separately to each insured as if
property insurance policies usually contain an
an is one wherein economic loss would
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SPEA H 401
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SPEA H 401 Midterm| QUESTIONS WITH COMPLETE
SOLUTIONS
1984 - correct answerc. 1, 1984a prospective payment fee schedule
came out
C-suit - correct answer executive level class (CEO CFO COO)
Advertising budget - correct answer advertising budget is estimate of a
company's promotional expenditures over a certain period of time
American college of healthcare executives - correct answer
international professional society of 48,000 healthcare executives who
lead hospitals, healthcare systems and other healthcare
organizations. ... ACHE offers its prestigious FACHE® credential,
signifying board certification in healthcare management
Ancillary department - correct answer the wide range of healthcare
services provided to support the work of a primary physician. These
services can be classified into three categories: diagnostic,
therapeutic, and custodial
Balanced scorecard - correct answerAt a glance, the scorecard shows
an organization's goals and how to achieve them.
The scorecard is usually divided into several areas that the
organization considers important to achieving its mission.
Objectives and specific measurements will demonstrate how the goal
is progressing. Target results indicate what an organization hopes or
expects to achieve.
Specific metrics should meet the following criteria: (1) importance to
organization and staff, (2) measurability, (3) data validity, and (4)
action ability.
, Benchmarking - correct answerThe best-known value for a specific
measure, from any source.
against outstanding organizations can improve internal operating
procedures, enhance quality, maximize efficiency and improve the
value of healthcare services.
Board of directors (trustees) - correct answergoverning body
appointed to hold fiduciary responsibility for the organization. As part
of this responsibility, make policy decisions that guide the future of the
organization. An essential component is the development of a
strategic plan that is consistent with the mission and vision of the
organization.
Business Plan - correct answera document setting out a business's
future objectives and strategies for achieving them
CEO - correct answerhas operational responsibility for strategic
planning, hiring of senior leadership, and managing of operations. The
CEO is frequently a member of the board of directors and serves as a
key interface between the board and operations.
Chief of Staff - correct answerThe Chief of Staff is the head of the
medical staff, responsible for providing leadership and guidance to the
medical staff and promoting effective communication between the
medical staff, hospital administration and Board of Trustees
Clinical decision support - correct answer(CDS) provides clinicians,
staff, patients or other individuals with knowledge and person-specific
information, intelligently filtered or presented at appropriate times, to
enhance health and health care
Community Health Needs Assessment - correct answersystematic
process involving the community to identify and analyze community
health needs and assets in order to prioritize these needs, and to plan
and act upon unmet community health needs
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