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Healthcare Org 1, 3.14 (G) [CERT] Lesson Three Quiz

[CERT] Lesson Three Quiz TOTAL POINTS 15

Question 1 Which of the following is the AAPC definition of healthcare governance?

“general term for the overall strategy used by healthcare consumers to govern their healthcare choices and improve their personal health and reduce their personal healthcare expenditures."

“general term for the overall framework through which organizations are accountable for continuously improving clinical, corporate, staff, and financial performance."

Question 2 Some healthcare organizations conceptualize the governance framework into two categories. Which of the following best describes these two categories of governance?

Financial Governance and Patient Governance

Clinical Governance and Corporate Governance

Question 3 In general, shared governance takes one of two forms. Which of the following is not a form of shared governance?

Professional employees (e.g., physicians, nurses, other health professionals with direct patient contact) participate in a clinical governance structure co-equal to the corporate governance structure.

Professional employees (e.g., physicians, nurses, other health professionals with direct patient contact) are integrated into the corporate governance structure (e.g., member of the corporate Board of Directors).

Professional employees (e.g., physicians, nurses, other health professionals with direct patient contact), patients, and administrative employees all complete evaluation surveys of each other and share in revenue.

Question 4 As a general rule each business structure (each organization) needs to file documents in the state in which it is formed to be considered a legal entity. The documents and process may vary by state and by business structure.

True

False

Question 5 Which of the following is not a common business structure?

Corporation

Club Divided Shareowned

Limited Liability Company

Sole Proprietorship

Question 6 The North American Industry Classification System (NAICS) identifies three Health Care subsectors: 621 (Ambulatory Health Care Services), 622 (Hospitals), and 623 (Nursing and Residential Care Facilities). According to the 2015 Statistics of U.S. Businesses (SUSB), the largest subsector has 487,277 firms/organizations. Which subsector is this?

621 (Ambulatory Health Care Services)

623 (Nursing and Residential Care Facilities)

622 (Hospitals)

Question 7 The North American Industry Classification System (NAICS) identifies Sector 62 as Health Care and Social Assistance Service. Using the 2015 Statistics of U.S. Businesses (SUSB), there are four tax status categories: For-Profit, Non-Profit, Government, and Other. The largest category in Sector 62 has 591,257 firms/organizations. Which category is this?

Non-Profit

Other

For-Profit

Government

Question 8 The difference between a for-profit business entity and a non-profit business entity is that a for-profit business entity generally pays all state and federal business taxes while a non-profit business entity does not pay these taxes.

False

True

Question 9 The largest public sector healthcare organization/system in the United States is:

New York City Health and Hospitals

Miami Health and Ambulatory Care

Seattle Hospitals and Health

Dallas Hospitals and Clinics

Question 10 One partial definition of an organizational mission statement is that it answers "the question, "Why do we exist?" It gives the organization purpose and meaning and speaks to why people want to work for your company." One example is the statement by the National Multiple Sclerosis Society: "People affected by MS can live their best lives as we stop MS in its tracks, restore what has been lost and end MS forever."

False

True

Question 11 One partial definition of an organizational vision statement is that it is an "aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future. It is intended to serves as a clear guide for choosing current and future courses of action." One example is the statement by the National Multiple Sclerosis Society: "A World Free of MS."

False

True

Question 12 One partial definition of an organizational bylaw is that it is "a rule or law established by an organization or community to regulate itself, as allowed or provided for by some higher authority. The higher authority, generally a legislature or some other government body, establishes the degree of control that the by-laws may exercise."

True

False

Question 13 One partial definition of a public, for-profit organization's Board of Directors is that it "has the ultimate decision-making authority and, in general, is empowered to (1) set the company's policy, objectives, and overall direction, (2) adopt bylaws, (3) name members of the advisory, executive, finance, and other committees, (4) hire, monitor, evaluate, and fire the managing director and senior executives, (5) determine and pay the dividend, and (6) issue additional shares."

True

False

Question 14 One partial definition of a non-profit organization's Board of Directors/Trustees is that "Members of the board are appointed (not elected) to set the policies of the organization, and appoint (and fire) senior management personnel. Under the doctrine of collective responsibility, the entire board is liable for the financial and other consequences of the organization's activities."

False

True

Question 15 A common responsibility of a member of a non-profit Board of Directors/Trustees is that the member actively engage in revenue-generation for the non-profit organization. This responsibility is often summarized by the phrase "Get it, ____ it, or get off."

1 point



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[CERT] Lesson Three Quiz TOTAL POINTS 15

Question 1 Which of the following is the AAPC definition of healthcare governance?

“general term for the overall strategy used by healthcare consumers to govern their healthcare choices and improve their personal health and reduce their personal healthcare expenditures."

“general term for the overall framework through which organizations are accountable for continuously improving clinical, corporate, staff, and financial performance."

Question 2 Some healthcare organizations conceptualize the governance framework into two categories. Which of the following best describes these two categories of governance?

Financial Governance and Patient Governance

Clinical Governance and Corporate Governance

Question 3 In general, shared governance takes one of two forms. Which of the following is not a form of shared governance?

Professional employees (e.g., physicians, nurses, other health professionals with direct patient contact) participate in a clinical governance structure co-equal to the corporate governance structure.

Professional employees (e.g., physicians, nurses, other health professionals with direct patient contact) are integrated into the corporate governance structure (e.g., member of the corporate Board of Directors).

Professional employees (e.g., physicians, nurses, other health professionals with direct patient contact), patients, and administrative employees all complete evaluation surveys of each other and share in revenue.

Question 4 As a general rule each business structure (each organization) needs to file documents in the state in which it is formed to be considered a legal entity. The documents and process may vary by state and by business structure.

True

False

Question 5 Which of the following is not a common business structure?

Corporation

Club Divided Shareowned

Limited Liability Company

Sole Proprietorship

Question 6 The North American Industry Classification System (NAICS) identifies three Health Care subsectors: 621 (Ambulatory Health Care Services), 622 (Hospitals), and 623 (Nursing and Residential Care Facilities). According to the 2015 Statistics of U.S. Businesses (SUSB), the largest subsector has 487,277 firms/organizations. Which subsector is this?

621 (Ambulatory Health Care Services)

623 (Nursing and Residential Care Facilities)

622 (Hospitals)

Question 7 The North American Industry Classification System (NAICS) identifies Sector 62 as Health Care and Social Assistance Service. Using the 2015 Statistics of U.S. Businesses (SUSB), there are four tax status categories: For-Profit, Non-Profit, Government, and Other. The largest category in Sector 62 has 591,257 firms/organizations. Which category is this?

Non-Profit

Other

For-Profit

Government

Question 8 The difference between a for-profit business entity and a non-profit business entity is that a for-profit business entity generally pays all state and federal business taxes while a non-profit business entity does not pay these taxes.

False

True

Question 9 The largest public sector healthcare organization/system in the United States is:

New York City Health and Hospitals

Miami Health and Ambulatory Care

Seattle Hospitals and Health

Dallas Hospitals and Clinics

Question 10 One partial definition of an organizational mission statement is that it answers "the question, "Why do we exist?" It gives the organization purpose and meaning and speaks to why people want to work for your company." One example is the statement by the National Multiple Sclerosis Society: "People affected by MS can live their best lives as we stop MS in its tracks, restore what has been lost and end MS forever."

False

True

Question 11 One partial definition of an organizational vision statement is that it is an "aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future. It is intended to serves as a clear guide for choosing current and future courses of action." One example is the statement by the National Multiple Sclerosis Society: "A World Free of MS."

False

True

Question 12 One partial definition of an organizational bylaw is that it is "a rule or law established by an organization or community to regulate itself, as allowed or provided for by some higher authority. The higher authority, generally a legislature or some other government body, establishes the degree of control that the by-laws may exercise."

True

False

Question 13 One partial definition of a public, for-profit organization's Board of Directors is that it "has the ultimate decision-making authority and, in general, is empowered to (1) set the company's policy, objectives, and overall direction, (2) adopt bylaws, (3) name members of the advisory, executive, finance, and other committees, (4) hire, monitor, evaluate, and fire the managing director and senior executives, (5) determine and pay the dividend, and (6) issue additional shares."

True

False

Question 14 One partial definition of a non-profit organization's Board of Directors/Trustees is that "Members of the board are appointed (not elected) to set the policies of the organization, and appoint (and fire) senior management personnel. Under the doctrine of collective responsibility, the entire board is liable for the financial and other consequences of the organization's activities."

False

True

Question 15 A common responsibility of a member of a non-profit Board of Directors/Trustees is that the member actively engage in revenue-generation for the non-profit organization. This responsibility is often summarized by the phrase "Get it, ____ it, or get off."

1 point


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