Q1–45

Byadmin
  • Question 1

 

The majority of hospitals in the United States are classified as private for-profit hospitals.

·         True

·         False

 

 
  • Question 2

 

Charity Care is defined as care for services when it is expected that the patients will not pay.

·         True

·         False

 
  • Question 3

 

The capitation method of payment is one of the many strategies used by managed care companies to control costs.

·         True

·         False

 
  • Question 4

 

In 2004, there was nationwide litigation against several large not-for-profit health systems. Please explain the following: the reason for the legal action; the reason why the law targeted not-for-profit hospitals; the government response (federal, state and local level) to this occurrence.

 
  • Question 5

 

Please explain the organization purpose and also identify why each point is important to the management of health care organizations.

 
  • Question 6

 

The prepaid group practice was the forerunner of the BlueCross/ Blue Shield plans that are in existence today.

 

  • True

 

  • Question 7

 

Please list and discuss the characteristics of the three methods of payment. Please also list at least one strength and weakness of each of the chosen methods.

 

  • Question 8

In the Statement of Cash Flows, cash flows from investing activates contain information regarding the purchases and sale of PPE (Property, Plant, and Equipment).

 

  • True
  • False

 

  • Question 9

 

In cost allocations, the direct method recognizes the interdependencies between the various support departments (e.g., relationship human resources, housekeeping, and administration).

 

  • True
  • False

 

 

  • Question 10

As you move down the asset section of the balance sheet, assets become more liquid.

 

  • True
  • False

 

 

  • Question 11

 

 

Please list and define the three measures of charity care. Which level is most likely to be performed by hospitals?

 

 

  • Question 12

Cost that occur with relative certainty, and occur regardless of the level of volume over a relevant range are known as adjusted costs.

 

  • True
  • False