Please ignore Chegg one question rule and answer ALL questions per asker request. Thank you!

Simple variance is calculated by determining:

• A. Revenue after operating expenses are subtracted
• B. The differences between the budget projection and the actual results
• C. Actual gross revenue subtracted from budgeted gross net revenue
• D. Actual net revenue divided by the budgeted revenue

Which of the following Medicare programs cover only prescription drugs?

• A. Part D
• B. Part C
• C. Part B
• D. Part A

The new business models appearing in today's environment call for organizations to have a solid understanding of:

• A. Revenue optimization and cost
• B. Cost and utilization of healthcare resources
• C. Consumer demands and preferences
• D. The evolving role of technology

What are net assets or equity?

• A. That which is available for expenses
• B. That which is owed
• C. That which is owned
• D. That which is kept after liabilities

Providers of care brought together in one group to manage the care of a select population of patients to reduce the cost of care for those patients while improving the quality is known as:

• A. Integrated patient care
• B. A medical home
• C. An integrated care organization

• D. An Accountable Care Organization

Volume variance is calculated using this formula:

• A. (Actual volume Budgeted volume) x Budgeted rate
• B. (Actual volume + Adjusted budgeted volume ) x Budgeted rate
• C. (Adjusted budgeted volume x Budgeted rate) + Actual volume
• D. (Actual volume + Adjusted budgeted volume) x Adjusted budgeted rate

Total cost =

• A. Total expense - Variable costs
• B. Net revenue - Fixed costs
• C. Annual expenses
• D. Fixed costs + Variable costs

A cost shifting price strategy involves:

• A. Focusing on reducing indirect costs
• B. Critically assessing indirect costs to provide a service and looking to reduce those costs or shift those costs to other customers who are willing to pay a higher price per unit of service
• C. Establishing a sliding price scale in which the price drops when a minimum profit threshold is reached in an attempt to grow volume

• D. Negotiating with suppliers and vendors on pricing that drives down direct costs in order to provide competitive pricing and access to markets for the vendor

(Actual rate or price budget rate or price) x actual volume is the calculation for:

• A. Net revenue variation
• B. Rate variation
• C. Adjusted pricing variation
• D. Volume variation