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HCM 3570 Test 1 Questions & Answers 2024/2025
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HCM 3570 Test 1 Questions & Answers 2024/2025
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HCM 3570 Test 1 Questions & Answers2024/2025
In order for information to be useful it must... - ANSWERSbe converted to knowledge to support
decision-making
Which type of chart should be used to display the change in variable over time? - ANSWERSRun chart
The formula to calculate a compound growth rate is - ANSWERSr=(Y/X)^(1-n)-1
Solvency is - ANSWERSthe ability to pay all debt obligations
The use of financial information to evaluate whether assets are fulfilling organizational objectives is -
ANSWERSeffectiveness
The reimbursement system that pays providers on the basis of the number of patients they are
responsible to care for is - ANSWERSCapitation
The reimbursement system that places the provider at the least financial risk is - ANSWERSCharges
Medicare has three major parts, Part B pays for - ANSWERSoutpatient and physician services
Which of the following admissions would receive the highest reimbursement under the DRG system? -
ANSWERSa surgical case with comorbidities or complications
Which of the following was not used to set physician payment in the RBRVS? - ANSWERSpatient mix
The purpose of withholds and risk pools is to reduce unnecessary medical services by - ANSWERSplacing
providers at financial risk for excessive use of specialist and hospital care
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