Governors State University
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Governors State University 1
Latest content Governors State University
activities of daily living (ADLs) Correct Answer: Measures a person's ability to function in 6 activities: 
1. Eating 
2. Bathing 
3. Dressing 
4. Toileting 
5. Maintaining continence 
6. Getting in and out of a bed or chair 
 
Acute Condition Correct Answer: A condition that has been present for a short period of time - a few days 
 
Sub-acute condition Correct Answer: A condition that has been present for 1-3 weeks 
 
Chronic Condition Correct Answer: A condition that has been present for...
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Governors State University•ACHE FACHE
Triage Correct Answer: The evaluation of patient conditions for urgency and seriousness and the establishment of a priority list to direct care and ensure the efficient use of medical and nursing staff and facilities 
 
Urgent Care Correct Answer: Care for injury, illness, or another type of condition (usually not life threatening) that should be treated within 24 hours; also refers to after hours care and to a health plan's classification of hospital admissions as urgent, semiurgent, or elec...
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Governors State University•ACHE FACHE
1984 Correct Answer: Oct. 1, 1984a prospective payment fee schedule came out 
 
C-suit Correct Answer: executive level class (CEO CFO COO) 
 
Advertising budget Correct Answer: advertising budget is estimate of a company's promotional expenditures over a certain period of time 
 
American college of healthcare executives Correct Answer: international professional society of 48,000 healthcare executives who lead hospitals, healthcare systems and other healthcare organizations. ... ACHE offer...
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Governors State University•SPEA H 401
Health Insurance Portability & Accountability Act (HIPAA) is a Federal Law designed to facilitate the electronic exchange of information in health care. Which of the following does not pertain to this law? 
a) Privacy protection components of the law limit non-consensual use as a release or private health information 
b) Patients must receive notice of privacy rights 
c) Restrictions on access to and use of information is required 
d) Criminal and civil sanctions do not exist for improper use an...
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Governors State University•ACHE FACHE
Community Health Correct Answer: A focus on sustaining all members of a community at their highest possible level of functioning for their individual happiness and their collective benefit 
 
Community Hospital Correct Answer: A short-stay general or specialty (e.g. Women', children's, eye, orthopedic) hospital, excluding those owned by the federal government 
 
Healthcare system Correct Answer: Healthcare organization's that operate multiple services units under a single ownership 
 
Type...
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Governors State University•ACHE FACHE
Sarbanes Oxley Correct Answer: US federal law that set new or expanded requirements for all US public company boards, management and public accounting firms. Cover responsibilities of a public corporation's board of directors, adds criminal penalties and required SEC to create regulations 
 
FMLA Correct Answer: 1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family reasons 
 
Purpose of any HCO Correct Answer: to provide c...
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Governors State University•ACHE FACHE
According to the Code of Ethics, one way executives can avoid or minimize negative implications of conflict of interest is: 
a) develop a PR plan to address conflict of interest scenarios 
b) not participate in specific decisions where conflict may exist 
c) ensure members submit annual holdings for inspection 
d) make the conflict known to those in superior positions Correct Answer: D 
 
The principles of quality improvement require that executives change their management philosophy from: 
A...
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Governors State University•ACHE FACHE
Acid-test ratio Correct Answer: The ratio of total assets to total liability 
 
Market Potential Correct Answer: The volume that would be realized if each prospective consumer were to purchase a specific amount of a particular service during a defined future time frame. 
 
General Ledger Correct Answer: Entries assign capital costs through depreciation of long-term assets, adjust inventory values, and allocate expenses of central services. 
 
Net Revenue Correct Answer: Income actually recei...
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Governors State University•ACHE FACHE
According to ACHE's Code of Ethics, one way that healtcare executives can avoid or minimoze the negative implications of conflict of interest Correct Answer: Make the conflict known to those in superior positions 
 
The principles of quality improvement require that healthcare exectutive change their management philosophy from Correct Answer: Finding fault with employees to finding problems in processes 
 
What type of problems arises when a healthcare executive knowingly allows the organizat...
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Governors State University•ACHE FACHE
For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 
 
1. A higher average cost per patient day. 
2. A lower average cost per patient day. 
3. An increase in the budgeted fixed costs for the routine service cost center. 
4.No change in the average cost per patient day. Correct Answer: 2. 
 
Which of the following balance sheet items would differ between a for-profit and a not-for-profit healthcare organization? ...
- Exam (elaborations)
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Governors State University•ACHE FACHE