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

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

Physician practice

Hospital practice

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* 2. Ancillary charges significantly impact the profitability of physician-owned practices vs. hospital-owned practices.

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.

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.

True

False

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* 5. Which of the following increase costs for hospital practices?

Union employees

Marketing and maintaining corporate image

Additional overhead

All of the above

A and B

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