Hsm 543 week - Study guides, Class notes & Summaries

HSM 543 Health Services Finance Week 1 Quizzes July 2022 . Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to _____. Student Answer: external users lenders suppliers the government All of the above Instructor Explanation: See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCO A) The most important objective of healthcare financial management is to _____. Student Answer: determine the tax status of the org...

HSM 543 Health Services Finance Week 2 2022 . Week 2 – Thread 1 - Patient Protection and Affordable Care Act (graded) On March 23, 2010, President Barack Obama signed into law the Patient Protection and Affordable Care Act (PPACA), a primary healthcare reform legislation of the 111th U.S. Congress. This new law brings about massive changes in the way that healthcare is delivered and funded in our nation. To say that PPACA is controversial is to utter a huge understatement. Many U.S. state...

HSM 543 Health Services Finance Week 1 Quizzes July 2022. Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to _____. Student Answer: external users lenders suppliers the government All of the above Instructor Explanation: See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCO A) The most important objective of healthcare financial management is to _____. Student Answer: determine the tax status of the orga...

HSM 543 Health Services Finance Week 1 Quizzes July 2022.Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to _____. Student Answer: external users lenders suppliers the government All of the above Instructor Explanation: See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCO A) The most important objective of healthcare financial management is to _____. Student Answer: determine the tax status of the organ...

HSM 543 Health Services Finance Week 3 Quiz July 2022. Question 1 5 / 5 pts (TCO 3) The breakeven point occurs where: total fixed costs and total revenue intersect Correct! total costs and total revenue intersect total profit margin and total costs intersect total variable costs and total revenue intersect total revenue outpaces total avoidable fixed costs Chapter 14 Question 2 5 / 5 pts (TCO 3) SKF Primary Care Clinic is deciding whether to purchase MRI equipment that wou...

HSM 543 Week 3 - Thread 2 - Major Objectives of Financial Management | 100% Guaranteed Pass.

Week 3 – Thread 2 - Major Objectives of Financial Management (graded) In the readings, Nowicki presents a list of six major objectives of financial management. Considering those points, if you were part of a newly formed hospital management team, which two would you consider the most critical to your organization's continued viability and success? Discuss the reasons for your selections. This section lists options that can be used to view responses. Collapse All Print View Show Option...

HSM 543 Week 3 Quiz CO C) A method of providing coverage where the employer assumes risk is managed care. point of service. closed panel HMO. direct contracting. preferred provider organization. (CO C) Which of the following describes open-panel HMOs? Member physicians are not employees of the association. Member physicians are employees of the association. They provide incentive payments to physicians. They rely on a group of primary physicians. CO C) The methods of payment used by third-party ...

Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to _____. Student Answer: external users lenders suppliers the government All of the above Instructor Explanation:See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCO A) The most important objective of healthcare financial management is to _____. Student Answer: determine the tax status of the organization improve the marketing budget generate a reasonab...

Question: (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) ALOS is used as a key operating indicator. What are some of the factors to be con sidered that can affect the ALOS calculation? Question: (CO D) Discuss the role of explanatory notes. Question: (CO D) Why is a higher value of total asset turnover ratio more desirable? Show Less