NP ECONOMIC EXAM QUESTIONS AND
ANSWERS. VERIFIED 2026.
The Affordable Care Act was signed into law in 2010. Which describe key provisions to the law? -
ANS ** All of these are correct **
- expand access to insurance coverage
- emphasie
A payor who focuses on preventive services such as smoking cessation or weight loss is... -
ANS Health Maintenance Organization (HMO)
The advance practice nurse is providing financial support for RNs who would like to attend a
cardiovascular specialty conference. From which budget would these funds be withdrawn? -
ANS Expense budget
The Centers for Medicare and Medicaid Services (CMS) initiated a rewards program paying
acute care hospitals for high quality care provided. Specific measures are identified and include
all of the following except: - ANS Provider satisfaction
___________ is the driving factor for calculating anticipated revenue. - ANS Volume
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Why do all nurses regardless of their career aspirations, need to learn abot the topics of
microeconomics and cost accounting? - ANS It is essential for all nurses to learn about
microeconomics and cost accounting to improve communication between nurse leaders and
non-provider hospital decision makers, such as the CEO or CFO
What core competencies does the American Organization of Nurse Executives (AONE)
recommend to prepare for a leadership position in a health care organization? How can these
skills be obtained? - ANS Core competencies include: analysis of supply and demand data;
analysis of financial statements, articulation of business models based on economics, strategic
and business planning; and development of future business skill sets in leadership team
members. These skills can be achieved through leadership conferences, continuing education,
and obtaining a graduate degree in nursing administration
the health care industry not follow the usual economic theory of supply and demand? -
ANS because the focus is on reimbursement based on patient outcomes. A facility providing
higher quality care leads to higher patient satisfaction scores in addition to better
reimbursement for services. Healthcare consumers will seek care at the facility with higher
patient satisfaction scores.
what are some costs of regulation of the US health care system? Are they all necessary? What
would happen if one or all of the regulatory agencies were not funded. - ANS The costs of
regulation are the benefits derived with the alternative uses of resources. All regulatory
agencies are necessary because inefficient regulation results from uneven distribution of the
burden of regulation. That is, if funding was cut for one agency, the burden of regulation would
fall on another agency and that area of the health care system would no longer be regulated
effectively. Furthermore, an agency that must deal with additional regulatory work may also
have no increase in their workforce, and would not realistically provide high quality monitoring.
This, in the end, can result in poor patient outcomes.
Should hospitals and other health care organization make a profit? - ANS Yes, because an
organization requires profit for sustainability.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
ANSWERS. VERIFIED 2026.
The Affordable Care Act was signed into law in 2010. Which describe key provisions to the law? -
ANS ** All of these are correct **
- expand access to insurance coverage
- emphasie
A payor who focuses on preventive services such as smoking cessation or weight loss is... -
ANS Health Maintenance Organization (HMO)
The advance practice nurse is providing financial support for RNs who would like to attend a
cardiovascular specialty conference. From which budget would these funds be withdrawn? -
ANS Expense budget
The Centers for Medicare and Medicaid Services (CMS) initiated a rewards program paying
acute care hospitals for high quality care provided. Specific measures are identified and include
all of the following except: - ANS Provider satisfaction
___________ is the driving factor for calculating anticipated revenue. - ANS Volume
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Why do all nurses regardless of their career aspirations, need to learn abot the topics of
microeconomics and cost accounting? - ANS It is essential for all nurses to learn about
microeconomics and cost accounting to improve communication between nurse leaders and
non-provider hospital decision makers, such as the CEO or CFO
What core competencies does the American Organization of Nurse Executives (AONE)
recommend to prepare for a leadership position in a health care organization? How can these
skills be obtained? - ANS Core competencies include: analysis of supply and demand data;
analysis of financial statements, articulation of business models based on economics, strategic
and business planning; and development of future business skill sets in leadership team
members. These skills can be achieved through leadership conferences, continuing education,
and obtaining a graduate degree in nursing administration
the health care industry not follow the usual economic theory of supply and demand? -
ANS because the focus is on reimbursement based on patient outcomes. A facility providing
higher quality care leads to higher patient satisfaction scores in addition to better
reimbursement for services. Healthcare consumers will seek care at the facility with higher
patient satisfaction scores.
what are some costs of regulation of the US health care system? Are they all necessary? What
would happen if one or all of the regulatory agencies were not funded. - ANS The costs of
regulation are the benefits derived with the alternative uses of resources. All regulatory
agencies are necessary because inefficient regulation results from uneven distribution of the
burden of regulation. That is, if funding was cut for one agency, the burden of regulation would
fall on another agency and that area of the health care system would no longer be regulated
effectively. Furthermore, an agency that must deal with additional regulatory work may also
have no increase in their workforce, and would not realistically provide high quality monitoring.
This, in the end, can result in poor patient outcomes.
Should hospitals and other health care organization make a profit? - ANS Yes, because an
organization requires profit for sustainability.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
