,1. Which of the following is a primary goal of financial
resource management in healthcare organizations?
A) Maximizing profit margins
B) Ensuring equitable access to care
C) Minimizing patient wait times
D) Reducing the risk of malpractice lawsuits
Answer: A. Maximizing profit margins is a primary
financial goal, as it ensures sustainability and the ability to
reinvest in services.
2. What is the primary purpose of value-based
reimbursement models in healthcare?
A) To increase the volume of services provided
B) To improve patient outcomes while managing costs
C) To reduce the administrative burden on providers
D) To increase insurance premiums
Answer: B. Value-based reimbursement focuses on
improving patient outcomes and managing costs, rather
than increasing service volume.
3. In healthcare financial management, what does the term
'capitation' refer to?
A) Fee-for-service payment
B) Paying providers per service unit
C) A set payment per patient regardless of services
provided
D) Paying providers based on patient outcomes
Answer: C. Capitation involves a set payment per
patient, incentivizing efficiency and care management.
, A) SWOT Analysis
B) The Fishbone Diagram
C) The Zero-based Budget
D) The Balance Scorecard
Answer: C. Zero-based budgeting involves starting
from "zero" and justifying all expenses.
5. How is the term 'uncompensated care' best defined in
the context of healthcare reimbursement?
A) Services billed at higher rates
B) Services that increase hospital revenue
C) Services provided but not paid for by the patient or
insurance
D) Services that reduce the overall cost of healthcare
Answer: C. Uncompensated care involves services
provided without payment, impacting financial planning.
### Fill-in-the-Blank Questions
6. The ___________ Act mandates that all hospitals with
an emergency department provide care to anyone needing
emergency healthcare treatment regardless of citizenship,
legal status, or ability to pay.
Answer: Emergency Medical Treatment and Labor Act
(EMTALA). EMTALA requires hospitals to provide
emergency treatment irrespective of patients' financial
capabilities.
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