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FACHE Practice exam with 100% Correct
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According to ACHE's Code of Ethics, one way that healtcare executives can avoid or minimoze the negative implications of conflict of interest - ✔✔Make the conflict known to those in superior positions The principles of quality improvement require that healthcare exectutive change their management philosophy from - ✔✔Finding fault with employees to finding problems in processes What type of problems arises when a healthcare executive knowingly allows the organization to continue double billing - ✔✔An actual conflict of interest, even absent a direct economic benefit to the healthcare exective Which of the following is a unit of measure commonly used it determine physicians' clinical productivity - ✔✔Relative Value Units (RVUs) Which of the following third-party reimbursement methods provides the largest financial incentives for the provider to reduce cost - ✔✔Prospective payment (PPS)-Medicare payment based on predetermined-fixed amount Statements of earnings, financial positions, changes in financial position and retained earnings
are required to be submitted yearly by all - ✔✔Publicly owned healthcare organizations
From a marketing viewpoint, the development of standards of practice, clinical pathways, clinical guidelines and protocols can all be viewed as efforts to deal with which unique aspect of delivering services - ✔✔Heterogeneity What purpose do market plans fulfill for the healthcare organization - ✔✔Provide specific objectives for utilization attainment the next fiscal year The five functions of marketing are - ✔✔Identifying markets, promoting the organization, managing external relationship, convincing patients to select the organization, attracting capable workers Forecasting organizational need for human resources by focusing on specific position openings that are likely to occur and using these for planning called - ✔✔Demand-pull approach A health services organization should use which of the following sequential processes to help establish human resources objectives and policies - ✔✔Analyze the current HR situation, forecast HR demand, reconcile with the budget, forecast supply Probability models that forecast the internal flow of employees from one job category to another use a - ✔✔Transition matrix--model internal flow of HR-historical movement of one job to another
Forecasting the internal supply of employees as they move from their current jobs into others through promotions, lateral move and termination is called - ✔✔Supply-push approach Which of the following describes the conflict management strategy that would have the most immediate effect on reducing conflict behavio - ✔✔Imposition of formal authority to resolve or suppress conflict Multi-rather assessment (360 degrees feedback) of managers in healthcare organization's is best used - ✔✔In the development of a specific action plan by appraises Behaviorally anchored rating scales (BARS) for specific jobs can be - ✔✔Used to identify component of job behaviors In the amount of charity care increased rom one reporting period to the next, which of the following would occur - ✔✔Unrestricted net assets would decrease Which would be a reasonable basis on which to allocate administrative overhead cost - ✔✔Amount of supplies used The effective cost of debt is roughly the same for both not-for-profit and investor-owned organization's becasue - ✔✔The tax deductibility of interest for investor-owned firms offsets the lower coupon rate on tax-exempt debt
An important management principle that should guide the development of information systems in healthcare organization is to - ✔✔Treat information as an essential organization resource Which of the following is a major priority for system development in the managed care environment - ✔✔Development of operational inpatient systems Which of the following is considered the best source of information to help a healthcare organization improve its existing services - ✔✔Weekly meetings with staff members to determine organizational deficiencies Which of the following is an example of an asset - ✔✔Property, plant and equipment Which statement about short-term debt reduces liquitity - ✔✔Increased use of short- term debt reduces liquidity Which of the following is likely to provide useful information for evaluating the profitability of a hospital's managed care business - ✔✔Changes A master patient index MPI can best be described as - ✔✔A relational database containing all identifications members assigned to patients
A typical use of the Internet by healthcare organization's is to - ✔✔Advertise services available to the community The best way to facilitate information system integration with a healthcare organization is to - ✔✔Standardize data definitions and data structures Which of the following is a developing technology that will help control unauthorized access to comprised informaiton - ✔✔Biometric access control devices In negotiating a contract for an information system, healthcare organization's should - ✔✔Form a negotiating team and utilize legal counsel Which of the following is the most important factor to consider in evaluating vendor software packages - ✔✔Ability of the software to interface with existing systems The CIO for a healthcare organization is typically responsible for which of the following functions - ✔✔Information systems and telecommunications In selecting an information system, a consultant can best be used to - ✔✔Provide technical information and an outside perspective
Which of the following would represent the most common of adverse drug events (ADEs) - ✔✔Lack of knowledge of drug What is the primary advantage of the corporate form of organization for a healthcare provider - ✔✔It had limited liablity Law and tradition have established basic criteria for healthcare governing boards. One criteria is that - ✔✔The actions of the board are reasonable and prudent continuous quality improvement assumes that - ✔✔there is no upper limit to excellence which of the following best describes the responsibility of a hospital with an emergency department (ED) when a person come to the ED for examination treatment - ✔✔the hospital must provide an appropriate medical screening to determine whether an emergency condition exists and if you stabilize the condition What was the first major law to have a significant impact on individual privacy in the workplace
- ✔✔Civil Rights Act how does physician self-referral or Start law apply to Medicare payments - ✔✔the law prohibits a provider from presenting a claim to Medicare or to any person or other entity for a prohibited DHS referral.
Which of the following is not an advantage of an effective Corporate Compliance Program - ✔✔a. Initiating immediate and appropriate corrective actions b. COSTS OF IMPLEMENTATION AND OPERATIONS c. Developing processes to allow employees to report potential problems A privilege of confidentiality exists in a physician-patient relationship when the physician- acquired information is - ✔✔Related to the care and treatment of the patient Participating providers in the federal Medicare program must - ✔✔Meet the Conditions of Participation Which physician organization is responsible for accrediting residency training programs - ✔✔ACGME--accreditation council for graduate medical education Which of the following are important aspects to consider when establishing a joint venture - ✔✔joint ventures involve capital investment by all parties, can be difficult to dissolve, and are usually expected to be permanent A balanced scorecard is a set of performance measures used to - ✔✔ensure the organization does not exceed one performance metric at the expense of another
Congress enacted Start II to prohibit which of the following - ✔✔a physician of an immediate family member from referring a patient to an entity with which they have a financial relationship Which of the following activities should be performed by the Board of Directores - ✔✔Hiring the CEO Performance improvement teams should consist of - ✔✔Member of the involved microsystems The four important aspects of clinical support services are technical quality, patient satisfaction, continuity or integration, and - ✔✔Appropriateness A bar chart format, with the items rank ordered on a dependent variable, such as cost, profit, or satisfaction that examines the components of a problems in terms of their contribution to it is known as - ✔✔Pareto analysis Governing Boards are typically more effective at what size - ✔✔ 10 - 15 What type of review involves evaluation of management staff by their superiors, subordinates, and internal and external customers - ✔✔ 36 - annual review
The role of a not-for-profit healthcare organization's governing board includes all of the following except - ✔✔Overseeing the day to day operations Medicare Conditions of Participation for hospitals require that a prescribing practitioner authenticated a verbal order within ______________, if not defined by the state - ✔✔ 48 Cost accounting is an important tool which enables the CFO to - ✔✔Determine the actual cost of providing patient care What is true about the relationship between the acute care hospitals and long-term care organziation - ✔✔Hospitals and patients frequently have difficulty arranging for nursing home care services The first step in any strategic management scenario planning is to - ✔✔Gather information from as many sources as possible Which of the following is the least serious limitation to decision analysis - ✔✔the statistical model (The main aim of modeling is to study or understand a system or process to predict its future behavior. Thus with the availability of observed data of a system, models can help infer various alternatives for the system.)
how should supervisors behave toward informal leaders in the organization - ✔✔Maintain a positive attitude toward informal leaders Budgets for new capital expenditures include requests for - ✔✔infrastructure The Capital Asset Pricing Model (CAPM), an equilibrium model, describes the relationship between which of the following - ✔✔Market risk and required rate of return What is the most common operating indicator used to measure overall staff productivity - ✔✔Full-time equivalent per adjusted average daily census Determining whether the help desk function is effective and whether projects are well managed are examples of measuring an information system department's - ✔✔Operational compentency When seeking information about fixed assets, payroll, regulatory and tax reporting, and accounts payable, an administrator will access what information management system? - ✔✔General Financial Managment The main role of the board is - ✔✔selecting the CEO Which of the following s not considered part of the labor budget - ✔✔contract staff expenses
Health Savings Accounts (HSAs), were established through which law? - ✔✔Medicare Prescription Drug Improvement and Modernization Act the only law that mandates a particular type of payment for time not worked? - ✔✔FMLA Which position is included in the NRBL Bargaining Rules - ✔✔Pharmacists One method for evaluating relative volume of different jobs - ✔✔Board banding When discharging a patient from a hospital, the institution can be held liable - ✔✔for abandoning the patient if the patient is in need of further medical care Under the Emergency Medical Treatment and Active Labor Act (EMTALA)
- ✔✔Originated due to concerns of patient dumping Which of the following health maintenance organization models exerts maximum control over physician providers - ✔✔Closed Panel (a health maintenance organization (HMO) in which physicians are either employees of the HMO or belong to a group of physician contracts with it) What is generally prohibited by Start II laws - ✔✔A physician referring a patient to a service owned by the physician
