HEALTHCARE FINANCE TOPIC

I have answered these questions, but I need a second opinion. Please explain why you choose that answer!

1. Which of the following best describes the characteristics of a business? a. Uses money raised in the capital markets to purchase assets such as land, buildings, and equipment. b. Uses purchased assets to create goods and/or services c. Sustains itself financially by selling the goods and/or services produced. d. None of the above answers are correct. e. Answers a., b., and c. all are business characteristics. 2. Which of the following is NOT expected to result from healthcare reform initiatives? a. Increased formation of accountable care organizations (ACOs) b. Increased emphasis on population health c. Decreased need for data analytics d. Increased provider consolidation e. Staffing shortages in selected areas 3. True or False: The specific amount of charity care not-for-profit hospitals must provide in order to maintain their tax-exempt status is defined by an existing federal legislative standard Why? 4. Which of the following statements about fee-for-service reimbursement is incorrect? a. Payment may be cost based b. Payment may be charge based. c. Payment may be on a prospective basis (specified beforehand) d. Payment may be based on the number of covered lives. e. Payment may be on a per visit basis 5. Which of the following statements about bundled payments is most correct? a. Bundled payments are a single payment that is made to a group of like providers, such as three hospitals in a single service area b. Bundled payments are meant to encourage different providers (such as a hospital and physician group) to work together to lower costs and improve quality c. Bundled payments are a single payment made to one provider for all services provided for a single diagnosis, say, a broken arm. d. Statements a. and b. are both correct. e. Statements b. and c. are both correct