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OMIS 695 Exam 1 questions with correct answers
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OMIS 695 Exam 1 questions with correct answers
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OMIS 695 Exam 1Reasons organizations need earnings to exceed costs - correct answer ✔✔1. maintain or grow facilities
and services
2. receive the lowest cost of capital, through bonds or loans
3. invest in new equipment and technologies, or
4. compete effectively
Factors driving increased costs - correct answer ✔✔1. consumers live longer and utilize more health
services
2. cost of medical technology and equipment continues to rise
3. labor costs are growing steadily
4. pharmaceutical supply expenses are constantly increasing, and consuming a greater percentage of
health resources
5. a strict managed care approach, which limits access and reimbursement, has diminished somewhat
difficulties in running healthcare facilities - correct answer ✔✔1. lack of clarity
2. complex organizational structures
3. ambiguous working relationships
4. power struggles
primary roles of operations managers - correct answer ✔✔1. reduce costs
2. reduce variability and improve logistical flow
3. improve productivity
4. provide higher quality services
5. improve business procedures
1. standardization 2. optimization 3. resource tracking systems - correct answer ✔✔What is/are the
evolving trend for reducing costs?
, 1. integrated service delivery 2. analytics 3. supply chain management - correct answer ✔✔What is/are
the evolving trends for reducing variability and improving logistical flow?
IT ROI - correct answer ✔✔What is/are the evolving trends for improving productivity?
1. evidence based healthcare 2. six sigma - correct answer ✔✔What is/are the evolving trends to provide
higher quality services?
1. outsourcing 2. globalization - correct answer ✔✔What is/are the evolving trends for improving
business processes?
historical view of a hospital - correct answer ✔✔a facility to service those who require overnight stays or
surgeries; a place to die
current view of a hospital - correct answer ✔✔an entity organized around the observation, diagnosis,
and treatment of patients
Integrated Delivery Network (IDN) - correct answer ✔✔any combination or integration between a
hospital and other providers, that works together collaboratively across a spectrum of care to provide
more competitive and comprehensive services
community hospitals - correct answer ✔✔generally deal with acute care situations
federal hospitals - correct answer ✔✔department of veterans affairs
general hospitals - correct answer ✔✔providing a broad range of services
specialty hospitals - correct answer ✔✔focused on a specific condition
rehabilitation hospitals - correct answer ✔✔restoring health after initial hospitalization
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