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HCM 416 MIDTERM EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ CA$14.51   Add to cart

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HCM 416 MIDTERM EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++

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HCM 416 MIDTERM EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ a right to company product discounts Pick the answer that does NOT belong. Stockholders have.... false A not-for-profit corporation can also be called a 529(b). true The primary goal of investor-owned corporati...

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  • November 10, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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HCM 416 MIDTERM EXAM QUESTIONS AND ANSWERS

WITH COMPLETE SOLUTIONS GRADED A++


a right to company product discounts

Pick the answer that does NOT belong.



Stockholders have....

false

A not-for-profit corporation can also be called a 529(b).

true

The primary goal of investor-owned corporations is shareholder wealth maximization.

To reduce coverage for 10 essential health benefits

What was NOT one of the major provisions of the Patient Protection and Affordable

Care Act of 2010?

A mobile trailer/bus that travels to individuals to deliver care

A medical home is all of the following BUT .....

unlimited liability

What is NOT an advantage of a proprietorship?

Financial management provides the theory, concepts, and tools necessary to

help managers make better financial decisions

Which of the following statements about finance, accounting, and financial management

is most correct?

, Facilities Management

Which of the following are not finance activities?

a, b, and c are correct

Which of the following statements about the finance department at large healthcare

organizations is most correct?

pooling of losses, risk transfer, Payment only for random (unforeseen and

unexpected) losses

For insurance to "work," it must have these basic characteristics. Select all answers that

apply.

Indemnification

Which one of these answers, is NOT a problem that arises when dealing with

insurance?

community ratings

Under the ACA, insurers are required to use ....

Medicare part A- covers hospital and some skilled nursing home coverage

Medicare part B- covers physician services, ambulatory, outpatient, other

Medicare part C- medicare advantage

Medicare part D- covers prescriptions

Please match the Medicare major coverage (Part A, B, C, D) to the best explanation for

them.

charge base, cost base, perspective payments

Under the broad category of fee-for-service (FFS), what are the three main types of fee-

for-service methodologies that were discussed in class? Select all answers that apply.

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