University of Southern Indiana

College of Nursing and Health Professions

Educating health professionals for the 21st century.




UNIVERSITY OF SOUTHERN INDIANA
SCHOOL OF NURSING AND HEALTH PROFESSIONS
Cost Benefit Analysis Post Test


Student First Name: Middle Initial: Last Name:
Date: 

Insert the letter of the correct answer into the text box below each question.
 

1. Which of the following statements best describes a cost benefit analysis (CBA)?
a. The CBA is a method to document the financial income of the case manager.
b. The CBA documents the comparison of actual costs and potential costs of a case.
c. The CBA justifies the case management fees.
d. The CBA determines the insurance companies reimbursement for case management services.
2. Identify one advantage of preparing a case benefit analysis (CBA)?
a. The CBA will support the need for the case manager.
b. Easy identification of the actual and potential costs for each case.
c. The CBA will demonstrate the positive influence the case manager had on the implementation of the care provided to the patient.
d. The CBA assists the Chief financial Officers to understand the care provided in the case.
3. Identify one disadvantage of preparing a case benefit analysis (CBA)?
a. Readers of the CBA may perceive that the only reason for a case manager is to save money.
b. Easy identification of the actual and potential costs for each case.
c. The family may need this information to make a decision about the approach to care for the family member.
d. Only chief financial officers understand the CBA.
4. Which of the following information is required in a cost benefit analysis?
a. Physician's name and specialty area.
b. Case manager's license number.
c. Years of experience of the case manager.
d. Type of insurance coverage.
5. Which of the following health care institutions may request a cost benefit analysis from a case manager?
a. Home health agency receiving the referral.
b. Physician group managing the case.
c. Insurance company covering the case.
d. Medical Records Department from the hospital.
6. Which of the following statements accurately defines potential costs? 
a. The case manager's hourly fees.
b. The costs associated with a care plan that was considered for implementation with this patient.
c. The costs of a critical path that was implemented.
d. The costs of care the insurance company will reimburse.
7. Which of the following statement best describes net savings?
a. The amount of dollars spent on services implemented.
b. The amount of cost savings after accounting for the case manager's fee.
c. The amount of dollars saved with discounted service costs.
d. The amount of cost savings from medication and lab test completed through the home health agency.
8. Cost management fees are considered:
a. An additional cost associated with the care provided.
b. A cost savings associated with the potential costs.
c. Equally assigned to both the actual and potential costs of a case.
d. A cost calculated in the actual costs of care.
9. When documenting outcomes of a case, the case manager should include:
a. Only the financial outcomes associated with the case.
b. Both the financial and non-financial outcomes of the case.
c. Only the measurable outcomes associated with the case.
d. Only those outcomes that will influence the insurance company to cover the care provided.
10. Costs of care instead of agency charges for care should be used in a cost benefit analysis? The best explanation for this is:
a. Charges of care do not always accurately reflect the costs associated with providing the care.
b. Charges for care more accurately reflect the amount of resources used in providing care.
c. Charges for care are consistent between each agency.
d. Charges of care are not used to establish reimbursement rates for the insurance companies. 


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