Question

d. Endorsement act LO 3.4 21. Which of the following statements concerning health care practice management is not true? a. The number of sole proprietorships is increasing. b. Health care practices cannot, by law, operate as corporations. c. Health care practices are businesses requiring a wide range of expertise. d. No one can own a health care practice.

Answer 1

Health care practice management refers to the health care software that helps to organize ,manage and store the daily operations of a clinic like making appointments, processing insurance claims,medical treatment planning and also to generate reports.

It also helps in personnel management,attendance maintenance,stock /inventory management,strategic planning. The following statements concerning health care practice management is not true is: - No one can owns health care practice . Health care practices cannot by law operate as corporations.

Due to growing health care demand the practicing physicians are doing business as a sole proprietorship. An expertise skill is needed to carry on health care practices. Medical practices from solo practice :practicing without any partners and clinic consists of less staff. The autonomy of physician is more and deliver patient center care.

Group practices includes single and multiple specialty. There are two or more physicians involved in patient care. It facilitates financial security and better life style.