, Rationale: Charge capture refers to the process of recording
services provided to patients and is essential for billing and
revenue collection in healthcare.
2. What financial metric is used to assess a hospital's ability to
meet its short-term obligations?
A) Net Present Value
B) Internal Rate of Return
C) Current Ratio
D) Debt-to-Equity Ratio
ANS: C) Current Ratio
Rationale: The current ratio is a liquidity ratio that measures
an organization's ability to pay short-term obligations with short-
term assets.
3. Economies of scale in healthcare primarily result from:
, D) Increasing patient volumes while maintaining fixed costs.
ANS: D) Increasing patient volumes while maintaining fixed
costs.
Rationale: Economies of scale occur when increased patient
volumes lead to a decrease in average costs due to fixed costs
being spread over a larger number of services.
4. Which reimbursement model involves pre-established
payments made to providers for specific services regardless of
actual service costs?
A) Fee-for-Service
B) Value-Based Care
C) Capitation
D) Sliding Scale Fee
ANS: C) Capitation
Rationale: Capitation involves providers receiving a set
amount per patient enrolled over a specified period, regardless of
the number of services provided.
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