100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
(HU) NU 650 Healthcare Economics, Finance & Resource Management- Latest Final Exam Review $11.49   Add to cart

Exam (elaborations)

(HU) NU 650 Healthcare Economics, Finance & Resource Management- Latest Final Exam Review

 3 views  0 purchase

(HU) NU 650 Healthcare Economics, Finance & Resource Management- Latest Final Exam Review (HU) NU 650 Healthcare Economics, Finance & Resource Management- Latest Final Exam Review (HU) NU 650 Healthcare Economics, Finance & Resource Management- Latest Final Exam Review

Preview 3 out of 29  pages

  • November 7, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Unknown
All documents for this subject (391)
avatar-seller
ClemAcademia
NU 650




Healthcare Economics, Finance &
Resource Management




LATEST FINAL EXAM REVIEW
Q&S




©2024/2025

,1. Multiple Choice: What economic theory explains the
distribution of healthcare resources in a free market?
- A) Keynesian economics
- B) Supply and demand
- C) Resource scarcity
- D) Health equity
Correct Answer: B) Supply and demand
Rationale: Supply and demand is the fundamental economic
theory that explains how resources are allocated in a free market,
including healthcare resources.


2. Fill-in-the-Blank: The __________ model is a method used to
determine the cost-effectiveness of a healthcare intervention.
Correct Answer: QALY (Quality-Adjusted Life Year)
Rationale: The QALY model is used to assess the value of
medical interventions by measuring the quantity and quality of life
they produce.


3. True/False: In healthcare finance, the term 'capitation' refers to a
payment model where providers are paid based on the number of
services provided.

©2024/2025

, - True
- False
Correct Answer: False
Rationale: Capitation is a payment model where providers are
paid a set fee per patient regardless of the number of services
provided.


4. Multiple Response: Which of the following are considered direct
costs in healthcare? (Select all that apply)
- A) Medication expenses
- B) Patient counseling sessions
- C) Health insurance premiums
- D) Medical equipment depreciation
Correct Answers: A) Medication expenses, B) Patient
counseling sessions, D) Medical equipment depreciation
Rationale: Direct costs are those related to the delivery of
healthcare services, such as medication, counseling, and equipment
use.


5. True/False: 'Value-based care' is a healthcare delivery model that
prioritizes provider skills over patient outcomes.
- True
- False
©2024/2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 ClemAcademia. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78075 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart