URGENT HELP — TEST 13 questions – Physicians Practice Management

Need URGENT HELP with these 13 questions from my test.

  • CHAPTERS 1-4

Question 2

Which of the following statements is true about the financial structure of medical groups?

The financial structure of medical groups must be substantially different from other organizations.

Most medical groups maintain their financial records on an accrual accounting system rather than a cash system.

Unlike most organizations, it is easy for medical groups to determine their receivables.

Privately held medical groups are not required to strictly adhere to generally accepted accounting principles (GAAP).

Question 7

Which of the following is true about incorporated medical practices?

These entities are taxed at the lowest corporate tax rates.

These entities are allowed to have a non-calendar fiscal year for tax purposes.

There are no special statutes related to the organization of professional organizations such as medical practices.

The physician is held liable individually for any acts of malpractice.

Question 11

Which of the following statements is true regarding the measurement of success in group practices?

Measures of success for group practices should focus strictly on financial indicators such as such as profitability, cost management, productivity, capacity staffing, and accounts receivable collection.

Measures of success for group practices should focus strictly on the patients’ experience within the group practice, with quality outcomes and service being most prominent.

The measures of success upon which performance is judged should be clearly articulated and leadership behavior should be aligned with these measures.

The most important measures of success for group practices are patient satisfaction, staff turnover and satisfaction, and appointment access.

Question 13

Which of the following statements is true regarding the evolution of the physician’s role?

Physicians are taught early in their training that they are at the bottom of the “food chain” in healthcare delivery.

Traditionally, a physician’s identity was to a great extent predicated on dependence and led physicians into joining large group practices.

In recent years, fewer physicians have become employees of group practices, hospitals, or other similar organizations.

The role of physician as leader or manager is relatively new and of accelerating importance.

Question 18

The ultimate goal of managing clinical data is to have better overall healthcare outcomes:

for individual patients.

for individual providers.

in specific regions of the country.

for the healthcare system as a whole.

Question 21

The term _________ conveys the idea that healthcare professionals should coordinate their patient activities and be responsible for both the appropriateness of their services and the outcomes they produce.

integrated health delivery system

accountable care organization

health maintenance organization

medical home

Question 22

The economic incentives associated with fee-for-service payments are that physicians:

will tend to underutilize health services.

have less time to spend with individual patients during office visits.

receive more fees by providing more services of greater intensity to patients.

receive less fees by providing more services of greater intensity to patients.

Question 25

The first academic medical center in the United States was founded at:

the Mayo Clinic.

New York University

Johns Hopkins University.

the Los Angeles County Medical Society.

CHAPTERS 5-8

Question 3

Marketing to businesses and organizations is referred to as:

outside marketing.

business-to-business marketing.

consumer marketing.

large marketing.

Question 4

The reclassification of certain drugs that were previously prescription drugs to over-the-counter (OTC) drugs, and the decreasing influence of physicians over which drugs may be prescribed for a patient have resulted in:

a gradual decrease in the use of prescription drugs by patients.

pressure to reclassify more ethical drugs to OTC drugs.

a dramatic explosion in pharmaceutical advertising directed to consumers.

an increase in the number of drugs available for physicians to prescribe.

Question 14

A 30- and 90-day review can help with retention and decrease the cost of __________, such as recruitment costs and lost productivity.

turnover

interviewing

grievances

legal issues

Question 18

The goal of a well-defined __________ is to ensure that the practice retains employees that it needs by remaining competitive with the market and by maintaining internal equity among employees with similar positions within the practice.

base and differential pay strategy

salary survey

career ladder

total compensation philosophy and strategy

Question 21

In a survey of group practice physicians practicing in groups of 20 members or more, which of the following was the greatest benefit?

Economies of scale

Profit from ancillary services

Leverage with health plans

Improved quality

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