D405 HLTH 4416 Financial Resource Management & Healthcare Reimbursement FA READINESS EXAM Q & S 2026/2027

D405 HLTH 4416 Financial Resource Management & Healthcare Reimbursement FA READINESS EXAM Q & S 2026/2027

1. Which of the following is a primary goal of financial
resource management in healthcare organizations?
 A) Maximizing profit margins
 B) Ensuring equitable access to care
 C) Minimizing patient wait times
 D) Reducing the risk of malpractice lawsuits
 Answer: A. Maximizing profit margins is a primary
financial goal, as it ensures sustainability and the ability to
reinvest in services.
2. What is the primary purpose of value-based
reimbursement models in healthcare?
 A) To increase the volume of services provided
 B) To improve patient outcomes while managing costs
 C) To reduce the administrative burden on providers
 D) To increase insurance premiums
 Answer: B. Value-based reimbursement focuses on
improving patient outcomes and managing costs, rather
than increasing service volume.
3. In healthcare financial management, what does the term
'capitation' refer to?
 A) Fee-for-service payment
 B) Paying providers per service unit
 C) A set payment per patient regardless of services
provided
 D) Paying providers based on patient outcomes
 Answer: C. Capitation involves a set payment per
patient, incentivizing efficiency and care management.
4. Which tool is commonly used for budgeting and
forecasting in healthcare financial management?