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FMP LEADERSHIP AND STRATEGY EXAM 2024 NEWEST ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) /ALREADY GRADED A+,,,,Alpha $25.99
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FMP LEADERSHIP AND STRATEGY EXAM 2024 NEWEST ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) /ALREADY GRADED A+,,,,Alpha

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FMP LEADERSHIP AND STRATEGY EXAM 2024 NEWEST ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) /ALREADY GRADED A+,,,,Alpha

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  • July 5, 2024
  • 58
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • fmp leadership
  • FMP LEADERSHIP AND STRATEGY
  • FMP LEADERSHIP AND STRATEGY

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FMP LEADERSHIP AND STRATEGY EXAM 2024 NEWEST ACTUAL
EXAM 2 VERSIONS (VERSION A AND B) COMPLETE QUESTIONS
WITH DETAILED VERIFIED ANSWERS (100% CORRECT)
/ALREADY GRADED A+

In a chance conversation with the owner of an eight-facility chain, the newly hired administrator for the
oldest facility in the chain indicates that, because the mortgage is fully retired, the administrator will
concentrate more on being effective than efficient since the quality indicators are all at or above the
state's average. The owner would likely _____.

A. Be pleased

B. Be distressed

C. Be content

D. Praise the newly hired administrator - (answer) B. Be distressed.



It is nearly always desirable to be efficient as well as effective.



Under the Prospective Payment System (PPS), nursing facilities' reimbursed costs _____.

A. Were about the same as previously

B. Were more bundled

C. Used an unbundled cost structure

D. Were reimbursement for actual costs - (answer) B. Were more bundled.



Medicare (and Medicaid) forced facilities to give more services for a single reimbursement rate than had
been the case previously. PPS utilized an all-inclusive rate for Medicare Part A beneficiaries.



In recent years, Medicare has _____.

A. Allowed facilities to make a modest profit

B. Shifted more costs onto nursing facilities

C. Eased up on economic pressures previously placed on facilities

,D. Remained relatively unchanged in its reimbursement structure - (answer) B. Shifted more costs
onto nursing facilities.



Medicare, to cut its own costs, has required facilities to give more services under the Medicare
reimbursement given. Both Prospective Payment System (PPS) and Patient Driven Payment Models
(PDPMs) have utilized per diem or all-inclusive rates for reimbursement.



The applicant for the administrator position in a facility near a large teaching hospital insists that, as
before in his rural facility, if hired they would not let the Medicare reimbursement policies affect their
case mix. This applicant _____.

A. Should be hired

B. Is likely to succeed if hired

C. Can likely succeed in his goal

D. Is out of touch - (answer) D. Is out of touch.



Case mix in the typical rural facility is hard to manipulate and often predisposes the facility to accept all
potential admissions. However, in the teaching hospital setting, the facility normally must maximize the
number of Medicare rehabilitation residents to remain competitive and solvent. Monitoring and
maximizing case mix today is a very important function of the administrator.



The medical supplies provider tells the administrator of a facility that has not paid bills for the past three
months but is now operating under a bankruptcy judge's approved plan for restructuring that no more
deliveries will be made until past bills are fully paid. The medical supplies provider _____.

A. Is smart to cut losses at that point

B. Does not understand how bankruptcy works

C. Will now likely get his past due bills paid

D. Is farsighted - (answer) B. Does not understand how bankruptcy works.



Under bankruptcy plans, the court ensures that all current bills are paid. The medical supplies provider
does not understand the bankruptcy laws.



An administrator who adopts the leadership-by-walking-around (LBWA) approach by walking through
the facility once a week and intently observing has _____.

,A. Become an effective leader

B. Chosen a good management style

C. Failed to understand LBWA

D. Implemented a useful strategy - (answer) C. Failed to understand LBWA.



LBWA, to be effective, must be done daily; weekly is too infrequent.



The candidate for administrator said that they used a variety of administrative styles but could not say
exactly which they would use in every circumstance. The interviewer should be _____.

A. Favorably impressed

B. Unfavorably impressed

C. Concerned about possible indecisiveness

D. Looking for one leadership style - (answer) A. Favorably impressed.



This candidate understands the need for flexibility in leadership styles and believes that several styles are
necessary for effective leadership.



The candidate for administrator indicated that they consistently chose the charismatic style of
leadership. This should _____ the interviewer.

A. Reassure

B. Alert

C. Confirm the candidate's qualifications to

D. Please - (answer) B. Alert.



Charismatic leadership is given to leaders by followers. Leaders cannot just declare themselves
charismatic.



The nurse supervisor who had just been appointed director of nursing announced at the first
department head meeting that they had circulated a memo among the nurses that only formal
communications were to be allowed in the nursing department. The administrator should _____.

A. Be relieved

, B. Confirm the decision

C. Be supportive

D. Anticipate problems - (answer) D. Anticipate problems.



It is impossible to prevent informal communications among nurses. The nurse supervisor does not seem
to have enough communication savvy to understand this.



The department head was not surprised to learn that an employee had heard only the positive
comments to the employee and ignored the criticisms. The department head's grasp of the
communication process is _____.

A. Deficient

B. Appropriate

C. Out of focus

D. Inadequate - (answer) B. Appropriate.



The department head understands that employees often engage in selective hearing, that is, hearing
good news and screening out anything unpleasant.



The administrator routinely accepted as a nearly exclusive information source the director of nursing's
positive reports that nursing was going well. The administrator is _____.

A. Showing appropriate confidence in the director of nursing

B. Utilizing the director of nursing properly

C. Realizing a successful appointment has been made

D. Placing themselves at risk - (answer) D. Placing themselves at risk.



The administrator must get information from all levels of management to know what is going on. It is
dangerous to rely solely on one person.



Congress and the federal rule makers behave as if the facility will run successfully if Congress and the
Centers for Medicare & Medicaid Services (CMS) can write enough rules. They are _____.

A. Incorrect

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