FACHE Practice Test: Latest
Question : 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
Question : FMLA
Correct answer: 1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family reasons
Question : Purpose of any HCO
Correct answer: to provide care to individual patients and is
usually stated in organization's "mission"
Question : Population Health
Correct answer: defining the population (by geography,
sociodemographic factors, disease state, risk, insurance coverage or in some other way), measuring the current state
of health in the population, setting goals for improvement and directing resources to making improvements. US HSS specifies national goals and objectives for population health in the Healthy People 2020 program
Question : Caregiving/Clinical/Logistic/Strategic Teams
Correct answer: Caregiving Teams: Provide care to patients with similar needs (PCP, ACUTE, rehab)
Clinical Support Teams: provide specific clinical services to
Caregiving Teams (clinical laboratory, pharmacy, imaging, cardiopulmonary) Logistic Support Teams - provide trained personnel, information, facilities, accounting, cash, management and supplies
Strategic Support Teams: provide marketing, governance,
internal consulting, finance, stakeholder relations management and strategic positioning
Question : Service Lines
Correct answer: Patient care teams coordinated around a set
of similar diseases or patient needs
Question : Premise of a Healthy Community
Correct answer: Costs tend to rise and benefits to decline as
care moves away from the healthy state. Therefore, optimum care maximizes use of prevention, health maintenance, and health improvement PCP, Acute inpatient or specialty outpatient care, rehab, continuing care in home or nursing home setting, continuing care in home or nursing home setting, palliative care and death
Question : Stakeholders
Correct answer: Individuals or groups who have a direct
interest in the organization's success and shape its mission and strategies. Include buyers, workers, suppliers, regulators and owners. Patients are the MOST important HCO stakeholders. They expect and deserve care that meets the
goals summarized in IOM's report: Crossing the Quality
Chasm
Question : Patient-centered care
Correct answer: care that is respectful of and responsive to
individual patient preferences, needs and values and involving patients and families in care planning and decision making
Question : Fiscal intermediaries
Correct answer: Outside contractor that processes claims for
US government programs such as medicare and medicaid and provide most of the revenue to HCOs, making them essential stakeholders
Question : Patient Protection and Affordable Care Act (ACA)
Correct answer: A federal law providing for a fundamental
reform of the US healthcare and health insurance system,
signed by President Obama in 2010. It includes: increase
insurance coverage for many patients, new approaches to support those with chronic disease, and a greater accountability for the cost and quality of care. Part of the "Triple Aim" - improving the individual patient experience with healthcare, improving the health of the population, and reducing per capita cost of care