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Test Bank For Introduction To Health Care Finance and Accounting 1st Edition Carlene Harrison William P Harrison
Test Bank For Introduction To Health Care Finance and Accounting 1st Edition Carlene Harrison William P Harrison
Test Bank For Introduction To Health Care Finance and Accounting 1st Edition Carlene Harrison William P Harrison
5. What situation resulted in the rapid increase of employer-sponsored healthcare insurance during World
War II?
a. rationing c. socialism
b. wage freezes d. government mandate
ANS: B PTS: 1 REF: Financing Healthcare in America
6. When Medicare and Medicaid were established in 1965, their costs increased much more than
government planners expected. What was changed in 1982 in an attempt to keep costs down?
a. Physicians were given incentives to use fewer resources.
b. Patients were given incentives to improve their health.
c. Hospital budgets were controlled by the federal government.
d. Payments to healthcare providers were based on patients’ diagnoses.
ANS: D PTS: 1 REF: Financing Healthcare in America
7. Which type of healthcare insurance plan uses primary care clinician gatekeepers to coordinate the care
of plan participants?
a. capitation plan c. preferred provider plan
b. health maintenance organization d. fee-for-service plan
ANS: B PTS: 1 REF: Financing Healthcare in America
10. If you own stock in a publicly-held corporation that becomes bankrupt, you will ____.
a. be billed for a portion of legal costs
b. lose only the value of your stocks
c. owe a portion of the corporation’s debt
d. owe a portion of the corporation’s unpaid taxes
ANS: B PTS: 1 REF: Types of Medical Businesses
14. The Hospital Survey and Construction Act of 1946 produced ____.
a. an increase in the availability of in-patient hospital services
b. a doubling in the number of not-for-profit hospitals
c. a decrease in hospital charges due to greater competition
d. a five-year increase in life expectancy of Americans
ANS: A PTS: 1
REF: Medical Facilities: The Evolving Process of Healthcare Delivery
15. The Tax Equity and Fiscal Responsibility Act of 1982 resulted in ____.
a. fee-for-service plans for Medicare
b. preferred provider insurance plans
c. a prospective payment system for Medicare
d. for-profit hospital corporations
ANS: C PTS: 1
REF: Medical Facilities: The Evolving Process of Healthcare Delivery
18. The change that had the biggest financial impact on hospitals in the 1980s and 1990s was ____.
a. the unionization of nurses and other caregivers
b. the loss of federal tax-exemptions
c. the reimbursement based on patient diagnoses
d. federal grants for new hospitals and hospital expansions
ANS: C PTS: 1
REF: Medical Facilities: The Evolving Process of Healthcare Delivery
20. The responsibility for medical services at most hospitals lies with ____.
a. the chief executive officer c. the board of directors
b. the chief of staff d. the board of trustees
ANS: A PTS: 1
REF: Medical Facilities: The Evolving Process of Healthcare Delivery
COMPLETION
1. The legal document required in most states for expanding a hospital is a(n) ____________________.
2. The original Medicare and Medicaid programs reimbursed hospitals using a(n)
____________________ system.
ANS:
cost-based
retrospective
3. A group of physicians who do not want to incorporate but want to reduce their financial risks should
form a(n) ____________________.
ANS:
LLP (limited liability partnership)
limited liability partnership (LLP)
LLP
limited liability partnership
SHORT ANSWER
1. Explain why employer-sponsored healthcare insurance in America increased during World War II.
ANS:
The federal government froze worker wages during the war. Employers used benefits such as
healthcare insurance to help retain their existing workers and attract new workers.
2. What circumstances in the first half of the twentieth century caused many hospitals in America to
charge fees for their services?
ANS:
The stock market crash and the Great Depression reduced wealth. Charitable donations to hospitals fell
below the amounts needed to keep them in operation. Hospitals had to charge patients for their care.
3. What factors contributed to the rapid cost increases of the Medicare and Medicaid programs in the
1960s, 1970s, and early 1980s?
ANS:
Reimbursement was based on a percentage of typical fee-for-service charges. Longer hospital stays
resulted in greater reimbursements to the hospitals and the attending physicians. There was no
incentive to reduce costs. Low costs to patients meant that they could demand premium care for
medical problems and seek care for trivial afflictions.
ANS:
A non-for-profit hospital pays no income or property taxes. It does not need to generate profits for
stockholders. It can receive charitable donations to help cover operating costs and expansions.
ANS:
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defeats Porras, 261.
Columbus, Christopher, born, 1;
translated, 3;
anecdotes of boyhood, 5;
goes to Pavia, 9;
becomes sailor, 11;
engages in Neapolitan expedition, 12;
deceives sailors or posterity, 13;
does not arrive in Portugal, 16;
does arrive there, 18;
marries, 19;
makes maps, 20;
lives at Porto Santo, 21;
goes to Iceland or elsewhere, 28;
talks to King John, 35;
goes to Spain, 38;
deposited with Quintanilla, 41;
meets Scientific Congress, 43;
goes to Convent of Rabida, 49;
meets committee on exploration, 54;
starts for France, 56;
goes to Palos, 61;
sails on first voyage, 67;
keeps false reckoning, 72;
discovers San Salvador, 89;
sails for Spain, 97;
wrecked, 102;
founds colony, 105;
sees Mermaids, 110;
displays seamanship, 115;
arrives at Azores, 116;
arrives at Palos, 125;
flattens egg, 135;
sails on second voyage, 138;
discovers Dominica, 141;
returns to Spain, 191;
loses popularity, 196;
sails on third voyage, 200;
discovers Trinidad, 204;
invents ingenious theory, 205;
arrives at Hispaniola, 208;
arrested, 228;
sent to Spain, 229;
arrives in Spain, 230;
sails on fourth voyage, 237;
reaches Honduras, 240;
searches for Panama Canal, 240;
founds colony at Veragua, 243;
sails away, 250;
reaches Jamaica, 251;
manages lunar eclipse, 258;
reaches Hispaniola, 262;
returns to Spain, 264;
dies, 268;
is extensively buried, 268;
perhaps is a sun-myth, 269;
character, 284.
Columbus, Diego, born, 4;
Governor of Isabella, 162;
sent to Spain to wait for opening in Connecticut, 177;
returns to Hispaniola, 187;
arrested by Bobadilla, 227.
Columbus, Dominico, combs wool, 3.
Compass, variation of, 55.
Congress of Salamanca, 46;
its tediousness, 45.
Correo, Pedro, 21;
he winks, 25;
is talked to death, 34.
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