Deck 14: Governance in a New ERA

Question 1

Governance can be defined as the state or act of governing but excludes the implementation of formal authority.

Answer 1

False

Question 2

Effective governance can only result if all of the following exist except:

A) Board members clearly understand the mission of the healthcare organization.
B) The governing body is comprised of high-quality members.
C) A strong infrastructure
D) Decision making and authority

Answer 2

B

Question 3

Board members of not-for-profit healthcare organizations are typically:

A) Volunteers
B) Known as "trustee"
C) Accountable to shareholders
D) Only A and B

Answer 3

D

Question 4

In more traditional settings, governing body responsibilities include formulating the organization's vision or future pathway.

Question 5

Responsibilities of the board are to do all of the following except:

A) Guardianship of the organization's mission, vision and values.
B) Ensuring the provision of quality patient care.
C) Evaluation of the Chief Operating Officer's performance
D) Assuming responsibility for itself

Question 6

Individual board member responsibilities include:

A) Learning about and understanding the organization and its culture.
B) Learning about and understanding the population that is serves.
C) A working knowledge of the healthcare industry
D) All of the above.

Question 7

When board members act in the best interest of the organization and not on behalf of themselves, they are demonstrating:

A) Duty of care.
B) Duty of loyalty.
C) Duty of obedience.
D) None of these.

Question 8

Corporate structures are inexpensive to create but have a limited life.

Question 9

Hospital structures that have multiple layers of governance are considered:

A) Decentralized
B) Centralized C. Modified centralized
D) None of these
C) Modified centralized
D) None of these

Question 10

The advantage of a professional corporation (PC) is that it is:

A) Subject to few regulations
B) Treated as a partnership for tax purposes
C) Easier via which to raise capital
D) Not subject to dual taxation

Question 11

"Corporate practice of medicine" statutes prohibit hospitals from employing physicians.

Question 12

An Accountable Care Organization (ACO) will bring together all of the following except:

A) Primary care physicians
B) Specialists and hospitals
C) Diagnostic centers
D) Insurance plans

Question 13

Health care organizations have historically had diverse boards that represent the communities they serve.

Question 14

A disadvantage of a self-perpetuating board is the potential for groupthink.

Question 15

The benefits of quality transparency include all of the following except:

A) Patients make informed decisions about the organization.
B) Payers make accurate determinations regarding cost-effectiveness.
C) Staff and physicians can better guestimate their performance.
D) Organizations develop best practices to improve care.