,1. Which of the following ratios is used to evaluate the
financial performance of a healthcare facility by measuring
its profitability relative to its total assets?
A) Current Ratio
B) Quick Ratio
C) Return on Assets (ROA)
D) Debt-to-Equity Ratio
Answer: C) Return on Assets (ROA)
Rationale: ROA measures how efficiently a healthcare
facility is using its assets to generate profits.
2. Which methodology is most effective for optimizing the
claims process to reduce denial rates in healthcare
settings?
A) Just-in-Time (JIT)
B) Six Sigma
C) Lean Manufacturing
D) Total Quality Management (TQM)
Answer: B) Six Sigma
Rationale: Six Sigma focuses on reducing process
variation and improving process control, which is ideal for
optimizing the claims process.
3. Which of the following is a primary component of the
revenue cycle in healthcare that directly affects billing
accuracy?
, A) Patient Scheduling
B) Clinical Documentation
C) Supply Chain Management
D) Marketing and Outreach
Answer: B) Clinical Documentation
Rationale: Accurate clinical documentation is critical for
ensuring proper coding and billing, which directly impacts
revenue cycle management.
4. Electronic Health Records (EHR) can improve revenue
cycle management by:
A) Increasing patient wait times.
B) Enabling better care coordination.
C) Facilitating automated claim submissions.
D) Enhancing patient satisfaction scores.
Answer: C) Facilitating automated claim submissions.
Rationale: EHR systems streamline the claims process
by reducing manual entry errors and improving the speed of
claim submissions.
5. The primary advantage of adopting a value-based care
model over a fee-for-service model in healthcare finance is:
A) Higher focus on patient volume.
B) Improved patient outcomes at lower costs.
C) Faster billing cycles.
D) Increased administrative tasks.
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