CPE Healthcare Leadership & Strategy 2

Question 1

A hospital CEO wants to reduce 30-day readmission rates. Which strategic approach best addresses this at the systems level?

Accepted Answer

Implement a care transitions program with post-discharge follow-up

Answer

Care transitions programs that include post-discharge follow-up calls, medication reconciliation, and primary care linkage directly reduce readmission rates.

Question 2

A physician executive is applying Kotter's 8-step change model. Which step comes immediately after 'creating a guiding coalition'?

Accepted Answer

Develop a vision and strategy

Answer

In Kotter's model, step 3 (developing a vision and strategy) follows step 2 (creating a guiding coalition) before communication begins.

Question 3

Which financial metric best indicates a hospital's ability to meet short-term obligations?

Accepted Answer

Current ratio

Answer

The current ratio (current assets divided by current liabilities) directly measures a hospital's ability to cover short-term obligations.

Question 4

A health system is evaluating a merger. Which strategic framework is MOST useful for assessing external market forces?

Accepted Answer

Porter's Five Forces

Answer

Porter's Five Forces analyzes competitive dynamics including supplier power, buyer power, threat of substitutes, new entrants, and rivalry, making it ideal for market assessment.

Question 5

A physician leader is experiencing conflict between two department heads. Which leadership style is MOST effective for facilitating resolution?

Accepted Answer

Transformational with mediation skills

Answer

Transformational leadership combined with mediation facilitates mutual understanding and collaborative problem-solving, which is most effective for interpersonal conflict.

(CPE) Certified Physician Executive Practice Test

(CPE) Certified Physician Executive Practice Test

CPE Healthcare Leadership & Strategy 2