Exam (elaborations)
Healthcare Finance Exam 1 questions with answers
- Course
- Institution
Healthcare Finance Exam 1 questions with answers
[Show more]
Seller
Follow
BravelRadon
Reviews received
Content preview
Healthcare Finance Exam 1Blue Cross and Blue Shield are government programs for reimbursement of healthcare expenses. -
correct answer ✔✔False
In a capitation plan, medical service providers in the plan receive a fixed monthly amount for treating the
medical needs of members. - correct answer ✔✔True
A proprietorship is a business owned by two or more individuals or entities. - correct answer ✔✔False
Any business can be organized as a corporation, requiring only a corporate charter and a set of bylaws. -
correct answer ✔✔True
Consolidated Hospitals owns a number of hospitals in the western part of the United States. The
business is registered with the Securities and Exchange Commission with stock trading actively on the
New York Stock Exchange. This type of business is a: - correct answer ✔✔For-profit corporation
Madison Crossing Community Hospital has been granted 501(c)(3) status by the Internal Revenue
Service. This type of business is a: - correct answer ✔✔Not-for-profit corporation
Which of the following is NOT a government healthcare facility? - correct answer ✔✔A for-profit hospital
accepting Medicare reimbursement
Which of the following are outpatient medical facilities? - correct answer ✔✔All of the above
Hospice care provides rehabilitation services to those unemployed due to industrial injury or accidents. -
correct answer ✔✔False
Gross domestic product (GDP) is defined as the total economic output of goods and services produced
within the borders of a country, regardless of the nationality of the company producing the goods and
services. - correct answer ✔✔True
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$14.51. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now