ACMPE Article Assessment - Executive Session: Interpreting the data behind practice losses with Timothy Smith

Question Title

1. Is a physician practice or a hospital practice more likely to operate at a financial loss? (Required.)

Physician practice

Hospital practice

Question Title

2. Ancillary charges significantly impact the profitability of physician-owned practices vs. hospital-owned practices. (Required.)

True

False

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3. Ultimately, the entrepreneurial focus within a physician-owned practice is seen as a driver of better revenues compared to hospitals. (Required.)

True

False

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4. Hospitals normally credit inter-company revenue back to the practice to offset compensation costs such as medical directorships and call pay. (Required.)

True

False

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5. Which of the following increase costs for hospital practices? (Required.)

Union employees

Marketing and maintaining corporate image

Additional overhead

All of the above

A and B