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Question 1
An ophthalmic practice is analyzing its accounts receivable (A/R). The industry benchmark for A/R days is typically 30-40 days. The practice calculates its current A/R days at 55. Which of the following is the MOST likely cause for this variance?
Correct Answer:
Inefficient claims submission and denial management processes.
Question 2
A practice manager is using benchmarking to evaluate performance. They note the practice's overhead ratio is 70%, while the industry benchmark is closer to 60%. Upon investigation, the staff-per-FTE-provider ratio is in the 90th percentile, and the revenue per encounter is at the 75th percentile. What is the most logical conclusion?
Correct Answer:
The practice may be profitable due to high revenue per encounter, but is likely overstaffed.
Question 3
Which component of the Relative Value Unit (RVU) accounts for the cost of clinical and administrative staff salaries, office space, and medical supplies?
Correct Answer:
Practice Expense (peRVU)
Question 4
An ophthalmologist in a group practice has an ownership interest in a separate imaging center. The ophthalmologist refers Medicare patients to this imaging center for diagnostic tests. Which federal law is most directly implicated by this arrangement?
Correct Answer:
Stark Law (Physician Self-Referral Law)
Question 5
When valuing an ophthalmology practice for a potential sale, which of the following is considered an intangible asset?
Correct Answer:
Goodwill
Question 1
Exam overview

About this Exam

Prepare with the ASOA Certified Ophthalmic Executive (COE) Exam practice quiz. This question bank includes 113 questions covering ophthalmic, patient, manager, ophthalmology, and step. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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ASOA Certified Ophthalmic Executive (COE) Exam

This practice set contains 113 questions from the matching question bank and focuses on ophthalmic, patient, manager, ophthalmology, and step. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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