MHA Trivia 2

Question 1

Which federal agency is primarily responsible for administering Medicare and Medicaid in the United States?

Accepted Answer

Centers for Medicare & Medicaid Services (CMS)

Answer

CMS is the federal agency within HHS that administers Medicare, Medicaid, the Children's Health Insurance Program, and other health-related programs.

Question 2

What does the acronym 'HIPAA' stand for in healthcare administration?

Accepted Answer

Health Insurance Portability and Accountability Act

Answer

HIPAA, enacted in 1996, stands for the Health Insurance Portability and Accountability Act and sets national standards for protecting health information.

Question 3

The concept of 'never events' in healthcare refers to which of the following?

Accepted Answer

Serious preventable adverse events that should never occur

Answer

Never events are serious, largely preventable patient safety incidents that should never occur in a healthcare setting, such as wrong-site surgery.

Question 4

Which law enacted in 2010 significantly expanded health insurance coverage in the United States and introduced health insurance marketplaces?

Accepted Answer

Affordable Care Act (ACA)

Answer

The Affordable Care Act of 2010, also known as 'Obamacare,' expanded Medicaid eligibility and created health insurance exchanges to broaden coverage.

Question 5

In healthcare financial management, what does 'accounts receivable' most commonly represent?

Accepted Answer

Money owed to the hospital by patients and payers

Answer

Accounts receivable represents revenue earned for services provided but not yet collected from patients, insurers, or other payers.

MHA - Master of Healthcare Administration Practice Test

MHA - Master of Healthcare Administration Practice Test

MHA Trivia 2