The _ is a way for organizations to improve the collection and communication of financial
and operating information.
A. Holistic perspective
B. Performance dashboard
C. Financial bottom-line
D. Performance perspective
Culver County Hospital has the lowest cost of any hospital in its
region. However, it has continually reported very large operating losses
and has depended upon tax support from the county. Assuming that
positive operating margins are an object
True or False? Both DRGs and APCs are assigned based upon data
in the CMS1500 form.True False
True or False? CMS developed the National Correct Coding
Initiative (NCCI) to promote national correct coding methodologies and
Accounts receivable (net) increased by $500,000 during the year. This increase has what effect
on cash flow?
A. Increases it
B. No effect
C. Reduces it
During the year, Calabash Clinic made a $50,000 cash payment toward its
The Medical College of Virginia, located in the urban city of
Richmond, Virginia, has a wage index of 1.8579. A student from nearby
Virginia Commonwealth University has just been treated for viral
meningitis during a 5-day length of stay (LOS)
Chapter 8 assignment
1- Define and describe the purpose of fund accounting (now
called net assets).
fund accounting: a system in which an entitys assets and liabilities are
segregated in the accounting records.
The purpose of using fund accounting is it a
A for-profit nursing home has beginning-of-period retained earnings of
$40,000. Net income for the period totals $75,000 and dividends
declared during the period total $15,000. The balance sheet total for
retained earnings will be what amount?
True or False? A hospital that is caring for a Medicare patient on
an inpatient basis generally can increase its reimbursement by
providing additional services.
True or False? A hospital that is caring for a Medicare patie
Chapter 13 quiz
A program in a health care firm with high market share and low ROI is regarded as a:
A. Cash cow
Growth in property, plant, and equipment is _ related to the range and level of
True or False? A typical health care provider that increases its prices by 10% will usually realize a
10% increase in revenue.
True or False? In the health care marketplace, market share has the most pervasive inf
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