Essentials of Healthcare Finance
Question and answers already passed
2025/2026
discount - correct answer ✔1. a reduction in the charge for services
2. when the market rate is higher than the coupon rate, a bond is said to be selling at this from its par
value
dividends - correct answer ✔Portion of profit an organization distributes to investors. By law, only
investor-owned health care organizations can distribute these outside the organization.
grants - correct answer ✔Funds given to a health care organization for special purposes, usually for
only a limited time.
capital - correct answer ✔The sources of funds to finance the non-current assets of the organization. It
is also considered the debt and equity of the organization.
creditor - correct answer ✔An entity that is owed money for lending funds or supplying goods or
services on credit.
limited partnership - correct answer ✔These offer limited liability to the limited partners along with tax
flow-through treatment. There is at least one general partner who has unlimited liability for the
partnership's debts and obligations.
donation - correct answer ✔Funds provided by a private entity or individual without the requirement
of repayment. These can either be restricted or unrestricted.
partnerships - correct answer ✔Unincorporated businesses with two or more owners.
, not-for-profit - correct answer ✔1. Organizations that have a special designation because they provide
goods or services that result in needed community benefit. In turn, such organizations are not required
to pay most taxes.
2. The designation of an organization as one that is not generally required to pay taxes and may not
distribute its profits.
investor-owed - correct answer ✔Firms owned by risk-based equity investors who expect the managers
of the corporation to maximize shareholder wealth.
investment banker - correct answer ✔One who advises corporate clients on their financial strategy
and/or is primarily involved in the distribution of securities from the issuing organization to the public.
privately held - correct answer ✔Shares of the company are held by relatively few investors and are not
available to the general public.
term - correct answer ✔A specified amount of time.
managed care - correct answer ✔Any of a number of arrangements designed to control health care
costs through monitoring, prescribing, or proscribing the provision of health care to a patient or
population.
limited liability company - correct answer ✔A business entity that combines the tax flow-through
treatment characteristics of a partnership (i.e., no double taxation) with the liability protection of a
corporation.
budget - correct answer ✔The central document of the planning/control cycle. It identifies revenues
and resources that will be needed by an organization to achieve its goals and objectives. This is a
quantitative expression of a plan of action stated in monetary terms and typically cover a period of 1
year.
Question and answers already passed
2025/2026
discount - correct answer ✔1. a reduction in the charge for services
2. when the market rate is higher than the coupon rate, a bond is said to be selling at this from its par
value
dividends - correct answer ✔Portion of profit an organization distributes to investors. By law, only
investor-owned health care organizations can distribute these outside the organization.
grants - correct answer ✔Funds given to a health care organization for special purposes, usually for
only a limited time.
capital - correct answer ✔The sources of funds to finance the non-current assets of the organization. It
is also considered the debt and equity of the organization.
creditor - correct answer ✔An entity that is owed money for lending funds or supplying goods or
services on credit.
limited partnership - correct answer ✔These offer limited liability to the limited partners along with tax
flow-through treatment. There is at least one general partner who has unlimited liability for the
partnership's debts and obligations.
donation - correct answer ✔Funds provided by a private entity or individual without the requirement
of repayment. These can either be restricted or unrestricted.
partnerships - correct answer ✔Unincorporated businesses with two or more owners.
, not-for-profit - correct answer ✔1. Organizations that have a special designation because they provide
goods or services that result in needed community benefit. In turn, such organizations are not required
to pay most taxes.
2. The designation of an organization as one that is not generally required to pay taxes and may not
distribute its profits.
investor-owed - correct answer ✔Firms owned by risk-based equity investors who expect the managers
of the corporation to maximize shareholder wealth.
investment banker - correct answer ✔One who advises corporate clients on their financial strategy
and/or is primarily involved in the distribution of securities from the issuing organization to the public.
privately held - correct answer ✔Shares of the company are held by relatively few investors and are not
available to the general public.
term - correct answer ✔A specified amount of time.
managed care - correct answer ✔Any of a number of arrangements designed to control health care
costs through monitoring, prescribing, or proscribing the provision of health care to a patient or
population.
limited liability company - correct answer ✔A business entity that combines the tax flow-through
treatment characteristics of a partnership (i.e., no double taxation) with the liability protection of a
corporation.
budget - correct answer ✔The central document of the planning/control cycle. It identifies revenues
and resources that will be needed by an organization to achieve its goals and objectives. This is a
quantitative expression of a plan of action stated in monetary terms and typically cover a period of 1
year.
