______________ and ____________ are additional options for employees to save in the event of a crisis or emergency. Medicare and managed care...

Question Answered step-by-step M.C. ______________ and ____________ are additional options for employeesto save in the event of a crisis or emergency.Medicare and managed care B.Health savings accounts and flex spending accounts C. Employer savings and health flex accounts 2. M.C. Health care organizations strive to gain a _______and increase ___________. profit and expenditures revenue and rationales income and profits3.M.C. In the United States, more than 95% of health care organizations rely on reimbursements from _______________. A.Managed Care B.Employer-based Insurance plans C.Centers for Medicare and Medicaid services4.The United States is known for having a longer wait list for donor donations. TrueB. False5.Benchmarking will allow managers to look at events and outcomes over a period time.A. TrueB. False6. The financial planning process for finance managers should include a review of employees, policies, competition, tasks, and budgets to overcome risks and competition. A. TrueB. False7. M.C. When choosing a GAAP, there are the seven essential elements to an effective financial system. They are the following, A.Financial reporting, accounting records and source documentation, internal control, budget control, allowable costs, cash management, and compliance. B.Financial reporting, accounting records and source documentation, external control, accounts receivable, allowable costs, cash management, and compliance. C. Audit reporting, accounting records and source documentation, external control, budget control, allowable costs, cash management, and compliance.8. Assets are liabilities that will create revenue.A. TrueB. False9. M.C. What happens when a health and human service organization is under-compensated? Partial payment is awarded No reimbursement in return Payment plan is set up with the patient to bring the account current10. False? Consumers choose services and shop for providers based on quality, cost, or both combined.A. TrueB. False11. Liabilities are accounts that will be disbursed from accounts payable.A. TrueB. False12 . M.C. The An example of an accrued expense is: A.Stocks B.Charity work C.Interest rates13. Health care is regulated at the local, state, and federal levels.True False14. M.C. What is the average life expectancy? 60yrs. to 80yrs. 65yrs. to 90yrs. 75yrs. to 80yrs.15. M.C. An example of a government health facility is: Hospice Hospital Veteran’s Administration16. Employee turnover has an adverse effect on organizational performance and the way care is provided. TrueFalse17. Long-term debt is an outstanding balance that takes a while to pay off. True False18. When providing care, efficiency is where values or relationships are established over time. True False19. M.C. An example of an inpatient facility is: Primary care physician office Hospital Family medicine20. There are two core concepts of financial analysis when looking at spending, and those are timing and risk. True False21. M.C. Which population is likely to have the best access to care? Baby Boomers Chronic and acute populations Children22 . Demand management will assist in understanding who wants a product or service. True False Health Science Science Nursing Share QuestionEmailCopy link Comments (0)