WGU C811 HIM 3701 Healthcare Financial Resource Management OA READINESS EXAM Q & S 2026/2027

WGU C811 HIM 3701 Healthcare Financial Resource Management OA READINESS EXAM Q & S 2026/2027

1. Multiple Choice: What is the primary goal of healthcare
financial management?
 a) Increasing staff satisfaction
 b) Improving patient outcomes
 c) Maximizing shareholder wealth
 d) Ensuring financial viability
 Answer: d) Ensuring financial viability
 Rationale: The primary goal of healthcare financial
management is to ensure that the organization can sustain
its operations and services in the long term, which is
essential for delivering continuous patient care.
2. Fill-in-the-Blank: The ________ model is a method used
to predict the financial health of a healthcare organization.
 Answer: Altman Z-score
 Rationale: The Altman Z-score is a widely used predictive
model that helps determine the likelihood of a business
experiencing financial distress.
3. True/False: Capitation payments are fixed, pre-arranged
monthly payments received by a physician, clinic, or
hospital per patient enrolled in a health plan.
 Answer: True
 Rationale: Capitation payments are indeed pre-set
amounts paid to healthcare providers for each enrolled
patient, regardless of the number of services provided.
4. Multiple Response: Which of the following are key
components of a healthcare organization's revenue cycle?