Saudi Electronic University

HCM 213

FINANCIAL MANAGEMENT OF HEALTH CARE ORGANIZATIONS:

AN INTRODUCTION TO FUNDAMENTAL TOOLS, CONCEPTS, AND APPLICATIONS, FOURTH EDITION

Test Bank

Chapter 1

Multiple Choice

1)Which of the following is the goal of the U.S. health care system?

1. 1. Access
   2. Cost
   3. Quality
   4. All of the above
2. ACA is the abbreviation for what legislation?
   1. Accountable Care Organizations
   2. Patient Protection and Affordable Care Act
   3. Activity Based Costing
   4. Administrative Cost Accounting
3. Which of the following is not a provision that is expected to have a significant impact from the ACA?
   1. Requirement that all payments for health care be based on quality of services
   2. Requirement that almost all individuals have insurance coverage
   3. Establishment of payment mechanisms for bundled payments and value based purchasing system
   4. Requirement that states create insurance exchanges
4. The number of uninsured U.S. citizens rose between 2001 and 2010 from:
   1. 5 million to 15 million
   2. 20 million to 32 million
   3. 36 million to 50 million
   4. 55 million to 65 million
5. ACA provides a                                      benefits package:
   1. $0
   2. Minimum

1. 3. Maximum

d. $5,000

6. Accountable Care Organizations as part of ACA are:
   1. Mandatory
   2. Exclusive
   3. Voluntary
   4. State organizations
7. Patient –Centered Medical Home is:
   1. An expensive delivery system
   2. An indication of poor quality
   3. A partnership between primary care providers, patients and families
   4. Not encouraged
8. All of the following factors contribute to the rising cost of health care except:
   1. Aging population
   2. New and returning consumers in the marketplace
   3. Chronic Disease
   4. Providers embracing lean Six Sigma and other techniques to deliver better care with less resources

9. All of the following factors could contribute to a decrease in health care costs except:
   1. Pharmaceuticals going off patent
   2. Providers using health information technology in robust ways
   3. Medical technology continuing to develop new systems
   4. Hospitals overriding physician preference in supplies
10. The HITECH Act (2009) was enacted with the goal of:
    1. Creating and expanding the current health care IT infrastructure
    2. Promoting electronic data exchange
    3. Substantially and rapidly increasing EHR adoption
    4. All of the above