Deck 2: Hospitals and the Health Care Industry

Question 1

Hospitals offer an intangible product that is not easily packaged or classified to be sold.

Answer 1

True

Question 2

The basic definition of a hospital involves providing services clustered around observation, diagnosis and treatment.

Answer 2

True

Question 3

Vertical integration in healthcare involves consolidation, mergers, acquisitions, or alliances among several competitive or cooperative hospitals.

Answer 3

False
acquisition or alliances of other parties involved in other phases of the healthcare value chain, such as payers, clinics, or physicians

Question 4

Regulations provide broad guidelines that are used to create specific procedures within a system.

Question 5

The main focus of HITECH was to develop a national health information technology infrastructure.

Question 6

Finance and accounting represent a negligible portion of health care.

Question 7

Academic medical centers are generally the same as other community hospitals in terms of size and number of service lines offered.

Question 8

Which of the following is not a major classification of Hospitals according to the American Hospital Association?

A) General
B) Specialty
C) Rehabilitation
D) Psychological

Question 9

Which of the following is a characteristic of a community hospital?

A) Only organized as a for-profit operation
B) Teaching focus with larger size
C) Operated to serve federal health beneficiaries such as the Veterans Administration
D) Focused on short-term stays for a specific episode of care

Question 10

The search for cost savings of key resources and supplies and for better management of goods and services in the physical supply chain is responsible for creating job opportunities for analysts and professionals interested in a wide number of fields, including:

A) Nursing
B) Logistics
C) Food services
D) Health policy development

Question 11

Which of the following are contemporary policies impacting healthcare operations?

A) The Health Insurance Payment Act of 1992
B) Health Information Technology for Economic and Clinical Health Act of 2009
C) The Medical Waste Treatment Act of 2006
D) The Nursing Adequacy Act of 2001

Question 12

Business planning and performance improvement in hospitals includes areas such as:

A) Infrastructure support
B) Organizational development and training
C) Performance benchmarking
D) Telecommunication optimization

Question 13

Describe the characteristics that define a hospital.

Question 14

Differentiate between healthcare polices and regulations.

Question 15

Discuss how the mission of a hospital differs from other types of organizations.