100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MHA 702 Chapter 10-12 Questions and Answers Already Passed $9.99   Add to cart

Exam (elaborations)

MHA 702 Chapter 10-12 Questions and Answers Already Passed

 4 views  0 purchase
  • Course
  • MHA 702
  • Institution
  • MHA 702

MHA 702 Chapter 10-12 Questions and Answers Already Passed Question: What are the primary sources of revenue for most healthcare organizations? Answer: The primary sources of revenue include patient services, government reimbursements such as Medicare and Medicaid, private insurance paymen...

[Show more]

Preview 3 out of 19  pages

  • August 13, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MHA 702
  • MHA 702
avatar-seller
StellarScores
MHA 702 Chapter 10-12 Questions and
Answers Already Passed

Question: What are the primary sources of revenue for most healthcare organizations?


Answer: ✔✔ The primary sources of revenue include patient services, government

reimbursements such as Medicare and Medicaid, private insurance payments, and out-of-pocket

payments from patients.




Question: How does value-based care differ from fee-for-service in healthcare reimbursement

models?


Answer: ✔✔ Value-based care focuses on rewarding healthcare providers for delivering quality

care and improving patient outcomes, whereas fee-for-service reimburses providers based on the

quantity of services provided, regardless of outcomes.




Question: What role do healthcare administrators play in managing financial risk?


Answer: ✔✔ Healthcare administrators manage financial risk by overseeing budget planning,

implementing cost-control measures, negotiating contracts with insurers, and ensuring that the

organization complies with regulations to avoid penalties.




Question: What are some common methods used by healthcare organizations to control costs?


1

,Answer: ✔✔ Common methods include implementing more efficient care delivery models,

reducing administrative overhead, renegotiating supply contracts, and adopting technology to

streamline operations and reduce errors.




Question: What impact do changes in healthcare policy have on organizational strategy?


Answer: ✔✔ Changes in healthcare policy can significantly impact organizational strategy by

altering reimbursement rates, introducing new regulatory requirements, and shifting the focus of

care from treatment to prevention, which may require adjustments in service delivery models.




Question: How do healthcare administrators ensure compliance with federal and state

regulations?


Answer: ✔✔ Administrators ensure compliance by staying informed about relevant laws,

conducting regular compliance audits, implementing robust internal policies, and providing

ongoing staff training on legal and ethical standards.




Question: What are the challenges of implementing an electronic health record (EHR) system in

a healthcare organization?


Answer: ✔✔ Challenges include the high cost of implementation, the need for staff training,

ensuring data security and privacy, integrating the EHR with existing systems, and managing the

change process within the organization.


2

, Question: How can healthcare organizations improve their financial performance while

maintaining high-quality patient care?


Answer: ✔✔ Organizations can improve financial performance by optimizing resource use,

reducing waste, improving billing processes, enhancing patient throughput, and focusing on

preventive care to reduce costly interventions.




Question: What strategies can be used to improve patient engagement in healthcare settings?


Answer: ✔✔ Strategies include providing clear and accessible information about health

conditions and treatments, using technology such as patient portals for communication, involving

patients in decision-making, and offering personalized care plans.




Question: What is the significance of strategic planning in healthcare management?


Answer: ✔✔ Strategic planning is significant as it helps healthcare organizations set long-term

goals, allocate resources efficiently, respond proactively to changes in the healthcare

environment, and ensure that they are meeting the needs of their patients and stakeholders.




Question: How does healthcare regulation impact the quality of care provided by healthcare

organizations?




3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StellarScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81531 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart