Hcad 375 exam 1 Study guides, Class notes & Summaries

HCAD 375 EXAM 1 QUESTIONS AND ANSWERS 2024 The financial environment is ______ and ___________ _____. Fluid Reimbursement driven Goal of Financial Management make organizations work more effectively What has led to increased HC costs? Aging population, uninsured, newly insured under ACA, Rx drugs, use of more advanced tech, chronic disease, "defensive medicine" What has led to a decrease in HC costs? Evidence based medicine, retail HC, more generic drugs, increased c...

HCAD 375 EXAM 1 Question and answers already passed 2023(UPDATED)HCAD 375 EXAM 1 Question and answers already passed 2023 The financial environment is ______ and ___________ _____. - correct answer Fluid Reimbursement driven Goal of Financial Management - correct answer make organizations work more effectively What has led to increased HC costs? - correct answer Aging population, uninsured, newly insured under ACA, Rx drugs, use of more advanced tech, chronic disease, "defens...

HCAD 375 Exam 1

HCAD 375 Exam 1

HCAD 375 Exam 1

HCAD 375 EXAM 1 Question and answers already passed 2023 The financial environment is ______ and ___________ _____. - correct answer Fluid Reimbursement driven Goal of Financial Management - correct answer make organizations work more effectively What has led to increased HC costs? - correct answer Aging population, uninsured, newly insured under ACA, Rx drugs, use of more advanced tech, chronic disease, "defensive medicine"

HCAD 375 Exam 1

HCAD 375 Exam 2 Question and answers rated A+ 2024 HCAD 375 Exam 2 Question and answers rated A+ 2023 Failing to do what can sink a healthcare organization? - correct answer Control costs Fixed costs do what as the census changes? - correct answer Do not change What type of cost should raw food costs be? - correct answer Variable cost costs that accrue over a specific span of time are called - correct answer Period costs what is one of the most common ways to examine labor...

HCAD 375 Final Exam Question and answers 2023 verified to pass(UPDATED)HCAD 375 Final Exam Question and answers 2023 verified to pass 1. Planning delineates both _________________ & __________________ paths a business will follow and what _____________________ it will utilize to achieve its goal. - correct answer short term, long term, procedures A budget states your goals in ________________ terms - correct answer monetary Rather than budgeting dollars, a staffing and census bud...