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NAB Exam: Comprehensive Review {100% Correct Answers} Latest Version!!

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NAB Exam: Comprehensive Review {100% Correct Answers} Latest Version!! What is the primary purpose of the NAB exam? **ANS** To assess the knowledge and skills required for effective healthcare administration. Which organization oversees the NAB exam? **ANS** The National Association of Bo...

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  • October 19, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
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NAB Exam: Comprehensive Review
{100% Correct Answers} Latest Version!!

What is the primary purpose of the NAB exam?



**ANS** To assess the knowledge and skills required for effective healthcare administration.



Which organization oversees the NAB exam?



**ANS** The National Association of Boards (NAB).



What is a key competency tested in the NAB exam?



**ANS** Knowledge of healthcare regulations and compliance.



In healthcare management, what does the acronym "HIPAA" stand for?



**ANS** Health Insurance Portability and Accountability Act.



What is a common financial statement used in healthcare facilities?



**ANS** The balance sheet.



What role does a healthcare administrator play in a facility?



**ANS** They oversee operations and ensure compliance with regulations.




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, What is the significance of the Joint Commission in healthcare?



**ANS** It accredits healthcare organizations to ensure quality and safety.



What does the term "Medicare" refer to?



**ANS** A federal health insurance program primarily for individuals aged 65 and older.



In strategic planning, what does SWOT analysis stand for?



**ANS** Strengths, Weaknesses, Opportunities, Threats.



What is the purpose of a facility's mission statement?



**ANS** To define the organization's purpose and guiding principles.



What does the acronym "EMR" represent in healthcare?



**ANS** Electronic Medical Record.



What is one major challenge facing healthcare administrators today?



**ANS** Rising healthcare costs.



How often must a healthcare facility conduct a performance evaluation?



**ANS** Regularly, typically annually or semi-annually.



What is the importance of patient confidentiality?


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