Page 1 of 131 1 MHA 707 EXAM C LATEST 2024 -2025 EXAM A AND B WITH A PRAC TICE EXAM COMPL ETE 450 QUESTIONS AND DETAILED CORRECT ANSWER S ALREADY GRADED A+ MHA 707 EXAM C VERSION A Which of the following statements is true about cost shifting in hospitals? a. Regardless of payer mix, hospitals are taking full advantage of their bargaining power with payers who are able to cost shift. b. Capacity -constrained medical providers are not able to cost shift. c. The positive correlation coefficient between cost -to-payment ratios for various payers indicates that cost shifting is taking place. d. The ability to cost shift depends on a hospital's payer mix. e. Classic Ramsey pricing can be interpreted in different ways, leading researchers into arguing that if it looks like cost shifting, it probably is cost shifting. - ANSWER -d. The ability to cost shift depends on a hospital's payer mix. This study was the catalyst for the early twentieth century reform of medical education in the United States. What was it? a. Hill -Burton Committee b. Mangrum Report c. Coolidge Commission d. Flexner Report Page 2 of 131 2 e. Kaiser Foundation Study - ANSWER -d. Flexner Report Changes caused by the shift from charge -based rates to negotiated rates has had which of the following results? a. Charging master rates serve as a powerful guide for optimal resource allocation in the industry. b. The change has increased the importance of Ramsey pricing principles in setting rates. c. Most hospitals experience a gap between the amount they receive from their payers and the amount billed, with receipts as low as 20 percent of amount billed. d. A growing percentage of patients with insurance are paying billed rates. - ANSWER -c. Most hospitals experience a gap between the amount they receive from their payers and the amount billed, with receipts as low as 20 percent of amount billed. 2. If the mark et were perfectly competitive instead of dominated by a monopsonist, what would the equilibrium wage and level of employment be? a. W1 and E1 b. W2 and E0 c. W0 and E0 d. W0 and E1 e. W0 and E2 - ANSWER -a. W1 and E1 Page 3 of 131 3 What is the most significant cost of at tending medical school? a. Tuition and fees b. Books and incidentals c. The income foregone d. Room and board e. Pain and suffering - ANSWER -c. The income foregone Which of the following would increase the supply of physicians? a. Increasing the cost of a ttending medical school b. More scholarships and grants to cover medical school tuition c. Increasing the medical school entrance requirements to include 15 hours of economics d. Making it easier for plaintiffs to prove medical malpractice claims e. Paying medical schools to eliminate residency opportunities in some specialties - ANSWER -b. More scholarships and grants to cover medical school tuition Which of the following statements about the distribution of physicians among specialties is true in the Unit ed States? a. The majority of physicians specialize in general/family practice. b. There are twice as many generalists as there are specialists. c. There are twice as many specialists as there are generalists . Page 4 of 131 4 d. The specialty distribution in the United States is similar to that of the rest of the world. e. None of the above. - ANSWER -c. There are twice as many specialists as there are generalists. According to surveys by the Medical Group Management Associatio n, the average primary care physician earned approximately _______ in 2010. a. $125,000 b. $150,000 c. $185,000 d. $200,000 e. $225,000. - ANSWER -d. $200,000 Surgical specialists earn more than general/family practice physicians. Which of the following statements is not true regarding this income differential? a. Surgeons earn more because their practice costs, including medical malpractice insurance is higher. b. Surgeons earn more to compensate them for the extra years spent as residents. c. Physicians' incomes are determined to a large extent by supply and demand conditions with respect to each specialty. d. Surgeons will always earn more than general practitioners because they are smarter than general practitioners.
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