Health Care and Society Answers

15 verified answers
2
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Which of the following is an example of a service?

A
Raul grows flowers and sells them at a hospital.
B
Gabe cleans exam rooms in a doctor’s office.
C
Holly sells medicines to doctors.
3

What is the difference between private healthcare businesses and those run by the government?

A
There is no difference between private healthcare businesses and those run by the government.
B
Private healthcare businesses have a profit motive and government-run organizations do not.
C
Government-run organizations only provide services, but private businesses provide services and goods.
4

Why does the government regulate healthcare businesses in the United States?

A
to ensure the safety of patients
B
to create laws for providers to follow
C
to tell businesses how much money to make
D
to limit the number of patients a doctor can treat
5

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8

What are some of the funding options for private healthcare businesses?

A
government grants
B
charitable donations
C
lenders and investors
D
profit earned from services
10

Who pays for a patient’s healthcare services?

A
doctors
B
drug companies
C
patients
D
health insurance companies
E
government programs
11

What is the difference between a budget and a financial projection?

A
Financial projections are plans of how to use money; budgets are used to determine how much money will be needed in the future.
B
Budgets and financial projections are used for the same purpose, but budgets are for non-profit organizations and financial projections are used by private businesses.
C
Budgets are plans of how to use money, and financial projections are predictions about future financial situations.
D
Financial projections are based on the future; budgets are based on the past.
12

Why are financial decisions important in health care?

A
They allow healthcare business owners to determine how to use, save, or adjust money for more effective services.
B
They give healthcare business owners the power to do whatever they want with the company’s money.
C
They provide patients with the right to tell business owners how to run their healthcare organizations.
13

How are business plans used in health care?

A
identifying a consumer market
B
establishing goals and objectives
C
comparing prices of medical equipment
D
calculating a company’s cash flow
E
figuring out the business’s purpose
14

What are the primary components of a business plan?

A
balance sheet
B
organizational mission
C
strategic objectives
D
satisfaction surveys
E
vision statement
F
organization and management
G
market analysis
H
employee resumes
17

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