Exam (elaborations)
HCM 320 (questions well answered)graded A+
- Course
- Institution
HCM 320 (questions well answered)graded A+
[Show more]
Content preview
HCM 320The Affordable Care Act (ACA) is a complex law that has multiple provisions. The ACA was passed by
congress and signed into law on March 23, 2010. Which of the following is a major provision that is
focused on reshaping the healthcare sector?
-A reform in payment methodologies including bundled payments, medical homes, and accountable care
organizations.
-Reducing Medicare spending by establishing penalties for readmission rates, reducing payments,
incentivizing quality improvements, and establishing an advisory review board.
-Expanding insurance coverage by way of regulations, subsidies, and encouraging state and federal
insurance marketplaces
-All of the above - correct answer ✔✔All of the above
The study of healthcare economics includes which of the following microeconomic factors that impact
the decision-making process of the healthcare manager?
-Unemployment
-Supply, demand, and price
-Access to care
-Demographics - correct answer ✔✔Supply, demand, and price
Which of the following is a goal of the Institute for Healthcare Improvement Triple Aim Theory?
, -Improving the experience of care
-Improving population health
-Reducing healthcare costs
-All of the above - correct answer ✔✔All of the above
Which of the following is one of the most significant problems facing the U.S. healthcare system in
comparison to other countries, causing the need to transform the healthcare industry?
-An aging population
-High per capital costs
-Regulation
-Unemployment - correct answer ✔✔High per capital costs
True or false: Perfectly competitive markets lead to efficient production and consumption. - correct
answer ✔✔True
Which of the following would lower costs?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller maxiscore. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79223 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now