HSM 340 DeVry Week 3 Quiz
HSM340
HSM 340 DeVry Week 3 Quiz
HSM 340 DeVry Week 3 Quiz
Question 1. Question: (TCO 3) When considering how changes in volume affect total fixed costs, it is important to consider:
o the relevant range
o the variable cost per unit
o price
o both A and B
o both B and C
Question 2. Question: (TCO 3) To maximize the amount of profit realized from a rate increase, charges should be increased most in departments with:
o High charge payer mix/high write-offs for bad debt, charity, & discounts
o Low charge payer mix/low write-offs for bad debt, charity, & discounts
o High charge payer mix/low write-offs for bad debt, charity, & discounts
o Low charge payer mix/high write-offs for bad debt, charity, & discounts
Question 3. Question: (TCO 3) Your controller has told you that the marginal profit of DRG 209 (major joint procedure) for a Medicare patient exceeds the marginal profit for an average charge patient. Why might this occur?
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HSM 340 DeVry Week 3 Quiz
HSM340
HSM 340 DeVry Week 3 Quiz
HSM 340 DeVry Week 3 Quiz
Question 1. Question: (TCO 3) When considering how changes in volume affect total fixed costs, it is important to consider:
o the relevant range
o the variable cost per unit
o price
o both A and B
o both B and C
Question 2. Question: (TCO 3) To maximize the amount of profit realized from a rate increase, charges should be increased most in departments with:
o High charge payer mix/high write-offs for bad debt, charity, & discounts
o Low charge payer mix/low write-offs for bad debt, charity, & discounts
o High charge payer mix/low write-offs for bad debt, charity, & discounts
o Low charge payer mix/high write-offs for bad debt, charity, & discounts
Question 3. Question: (TCO 3) Your controller has told you that the marginal profit of DRG 209 (major joint procedure) for a Medicare patient exceeds the marginal profit for an average charge patient. Why might this occur?