performance variances

Question 59.

HSA 599 Health Services Administration Capstone Comprehensive Exam Strategic Planning and Marketing – Leadership Healthcare leaders can build   into the strategic plan structure by assigning people to each goal, common security framework, and action plan item. An automated system can help track employees’ progress on their assigned action plans and key performance Indicators and Instantly address performance variances before they become a problem. (A)    Accountability. (B)    Viability. (C)    Durability. (D)    Transparency. (E)    All of the above.

 Negotiation reduction

Question 58.

HSA 599 Health Services Administration Capstone Comprehensive Exam Strategic Planning and Marketing Leadership Hospital leaders need to measure KPIs to determine areas for and then create action plans to meet KPI targets. (A)    Deal making. (B)    Negotiation reduction. (C)    Improvement. (D)    All of the above.

a process of envisioning a desired future

Question 55.

HSA 599 Health Services Administration Capstone Comprehensive Exam Strategic Planning and Marketing Theory Strategic planning is a process of envisioning a desired future, translating this vision into broadly defined goals or objectives, and a sequencing the steps necessary to achieve them. (A)    Systematic. (B)    Fragmented. (C)    Macro. (D)    Micro. (E)    All of the above.

the plan Is reduced

Question 54.

HSA 599 Health Services Administration Capstone Comprehensive Exam Strategic Planning and marketing External Relations The process of strategic planning Is as Important as the strategic plan. Through participation in the process, all stakeholders ‘buy in” to the changes that result and resistance to the plan Is reduced, if not   (A)    Eliminated. (B)    Maintained. (C)    Increased. (D)    Avoided. (E)    None of the above.

 Proactive strategy

Question 50.

NSA 599 Health Services Administration Capstone Comprehensive Exam Financial Management Assessment The healthcare organizations have adopted an assessment strategy based on the feedback from accrediting agencies and it is called_____. (A)    None-compete strategy. (B)    Static strategy. (C)    Reactive strategy. (D)    Proactive strategy. (E)    Avoidance strategy.

 chief finance officer.

Question 49.

NSA 599 Health Services Administration Capstone Comprehensive Exam Financial Management – Staff The governing body uses organized committees to monitor the performance. (A)    Controller. (B)    chief finance officer. (C)    chief legal officer. (D)    chief executive officer (CEO). (E)    CI chief accounting officer (CAO).

 market share risk.

Question 45.

NSA 599 Health Services Administration Capstone Comprehensive Exam Financial Management Regulations Within the context of a dynamic regulatory environment, today’s healthcare CFO’s must manage Increasing to ensure the financial health of their organizations. (A)    market share risk. (B)    financial risk. (C)    management risk. (D)    economic risk. (E)    All of the above.

 Return on equity

Question 41.

HSA 599 Health Services Administration Capstone Comprehensive Exam Financial Management Analysis When a ratio measures total profitability as a percentage of total equity, it Is measuring a business’s ability to use Its equity financing to generate profits. This Is called _______. (A)    Equity on return. (B)    Net on equity. (C)    Debt on equity. (D)    Return on equity. (E)    None of the above.