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CRCR Review and Study Guide Exams (6 sets) Questions with Answers 100% CORRECT
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CRCR Unit 1 Review Exam 24 Questions with Answers 2023,100% CORRECT
CRCR Unit 1 Review Exam 24 Questions with Answers 2023 The 3 patient-centric revenue cycle processing steps - CORRECT ANSWERSPre-service, time-of-servic... [Show More] e, post-service Pre-service steps - CORRECT ANSWERSPatient scheduled and pre-registered, encounter record generated, patient and guarantor information is obtained, medical necesity-health plan coverage verified-pre-auth, cost of service determined, additional processing for not medically necessary procedures, explanation of patients financial responsibility Time of service steps - CORRECT ANSWERSPatient arrives and pre-registered information is pulled up. Consents signed and amounts collected. Positive ID completed and armband given. Post service steps - CORRECT ANSWERSAfter the patient is discharged until the account reaches a zero balance such as final coding, prep and submission of claims, payment processing and balance billing What happens during the post-service stage? - CORRECT ANSWERSFinal coding of all services, preparation and submission of claims, payment processing and balance billing and resolution. What happens during the pre-service segment? - CORRECT ANSWERSScheduling and pre-access processing is completed. The patient is scheduled, pre-registered for service and the required data is collected. What happens during time-of-service segment? - CORRECT ANSWERSFinal account review is completed for a scheduled patient prior to arrival. Upon arrival, patient is positively identified, pre-registration record activated, consents are signed, copays collected. What is done at time-of-service for unscheduled patients? - CORRECT ANSWERSComprehensive registration and financial processing is completed which mirrors the work that was completed for scheduled patients. 3 components to Healthcare Dollars and Sense Revenue Cycle initiative? - CORRECT ANSWERSMedical Account Resolution, Pricing Transparency, Patient Financial Communications When is it appropriate to discuss financial items for a ED patient? - CORRECT ANSWERSAfter the patient has been stabilized or during the discharge process. As long as it does not interfere with the patients care. What is the objective of the HCAHPS initiative? - CORRECT ANSWERSTo provide a standardized method for evaluating patients' perspective on hospital care. Examples of a continuum of care provider? - CORRECT ANSWERSSkilled Nursing Facility, Physician, Hospice What are types of OIG compliance issues published? - CORRECT ANSWERSMedical devices, provider based status, reconciliation of outlier payments 3 goals of HIPAA - CORRECT ANSWERSExpand health coverage by improving portability, give patients access to health files and the right to request amendments or make corrections, facilitate the electronic exchange of medical information. CMS developed in order to promote the use of correct coding methods on a national basis. - CORRECT ANSWERSCorrect Coding Initiative (CCI) Three-Day DRG Window Rule - CORRECT ANSWERSRequires certain outpatient services that are provided within three days of the admit date to be billed as part of an inpatient stay. Purpose of the ABN - CORRECT ANSWERSTo inform Medicare beneficiary what Medicare will not pay for. 4 situations where Medicare acts as secondary payer - CORRECT ANSWERSWorking Aged, Accident or other liability, disability, End stage renal disease (ESRD) What is the intended outcome of collaborations made through an ACO delivery system? - CORRECT ANSWERSTo ensure appropriateness of care, elimination of duplicate services, and prevention of medical errors for a population of patients. 3 types of reserve amounts on a providers financial statement - CORRECT ANSWERSBad Debt, contractual allowance accounts, charity care 4 reasons why ACA was passed and signed into law - CORRECT ANSWERSImprove the quality of care, reform the healthcare delivery system, encourage pricing transparency and modernized financing systems, address the issue of waste, fraud, and abuse. Quality of care improvements include: - CORRECT ANSWERSReducing hospital re-admissions, reducing hospital acquired conditions, comprehensive joint replacement and cardiac services, improving physician quality reporting. MSSP Medicare Shared Savings Program - CORRECT ANSWERSIs designed to improve beneficiary outcomes and increase the value of care by promoting accountability for Medicare Fee-for-service beneficiaries, requiring coordinated care for all services, encouraging investment in infrastructure and redesigned care models and processes. BPCI Bundled Payments for Care Improvement - CORRECT ANSWERS4 models of care. 1-episode of care inpatient stay, acute. 2-retrospective bundled, total expenditures for a beneficiary's episode is later reconciled for the target price of the bundled payment amount. 3-retrospective bundled payment where actual expenditures are reconciled against a target price for an episode of care. 4-single prospectively determined bundled payment for all services furnished. [Show Less]
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CRCR Unit 1 Review 24 Questions and Answers 2023,100% CORRECT
CRCR Unit 1 Review 24 Questions and Answers 2023 The 3 patient-centric revenue cycle processing steps - CORRECT ANSWERSPre-service, time-of-service, p... [Show More] ost-service Pre-service steps - CORRECT ANSWERSPatient scheduled and pre-registered, encounter record generated, patient and guarantor information is obtained, medical necesity-health plan coverage verified-pre-auth, cost of service determined, additional processing for not medically necessary procedures, explanation of patients financial responsibility Time of service steps - CORRECT ANSWERSPatient arrives and pre-registered information is pulled up. Consents signed and amounts collected. Positive ID completed and armband given. Post service steps - CORRECT ANSWERSAfter the patient is discharged until the account reaches a zero balance such as final coding, prep and submission of claims, payment processing and balance billing What happens during the post-service stage? - CORRECT ANSWERSFinal coding of all services, preparation and submission of claims, payment processing and balance billing and resolution. What happens during the pre-service segment? - CORRECT ANSWERSScheduling and pre-access processing is completed. The patient is scheduled, pre-registered for service and the required data is collected. What happens during time-of-service segment? - CORRECT ANSWERSFinal account review is completed for a scheduled patient prior to arrival. Upon arrival, patient is positively identified, pre-registration record activated, consents are signed, copays collected. What is done at time-of-service for unscheduled patients? - CORRECT ANSWERSComprehensive registration and financial processing is completed which mirrors the work that was completed for scheduled patients. 3 components to Healthcare Dollars and Sense Revenue Cycle initiative? - CORRECT ANSWERSMedical Account Resolution, Pricing Transparency, Patient Financial Communications When is it appropriate to discuss financial items for a ED patient? - CORRECT ANSWERSAfter the patient has been stabilized or during the discharge process. As long as it does not interfere with the patients care. What is the objective of the HCAHPS initiative? - CORRECT ANSWERSTo provide a standardized method for evaluating patients' perspective on hospital care. Examples of a continuum of care provider? - CORRECT ANSWERSSkilled Nursing Facility, Physician, Hospice What are types of OIG compliance issues published? - CORRECT ANSWERSMedical devices, provider based status, reconciliation of outlier payments 3 goals of HIPAA - CORRECT ANSWERSExpand health coverage by improving portability, give patients access to health files and the right to request amendments or make corrections, facilitate the electronic exchange of medical information. CMS developed in order to promote the use of correct coding methods on a national basis. - CORRECT ANSWERSCorrect Coding Initiative (CCI) Three-Day DRG Window Rule - CORRECT ANSWERSRequires certain outpatient services that are provided within three days of the admit date to be billed as part of an inpatient stay. Purpose of the ABN - CORRECT ANSWERSTo inform Medicare beneficiary what Medicare will not pay for. 4 situations where Medicare acts as secondary payer - CORRECT ANSWERSWorking Aged, Accident or other liability, disability, End stage renal disease (ESRD) What is the intended outcome of collaborations made through an ACO delivery system? - CORRECT ANSWERSTo ensure appropriateness of care, elimination of duplicate services, and prevention of medical errors for a population of patients. 3 types of reserve amounts on a providers financial statement - CORRECT ANSWERSBad Debt, contractual allowance accounts, charity care 4 reasons why ACA was passed and signed into law - CORRECT ANSWERSImprove the quality of care, reform the healthcare delivery system, encourage pricing transparency and modernized financing systems, address the issue of waste, fraud, and abuse. Quality of care improvements include: - CORRECT ANSWERSReducing hospital re-admissions, reducing hospital acquired conditions, comprehensive joint replacement and cardiac services, improving physician quality reporting. MSSP Medicare Shared Savings Program - CORRECT ANSWERSIs designed to improve beneficiary outcomes and increase the value of care by promoting accountability for Medicare Fee-for-service beneficiaries, requiring coordinated care for all services, encouraging investment in infrastructure and redesigned care models and processes. BPCI Bundled Payments for Care Improvement - CORRECT ANSWERS4 models of care. 1-episode of care inpatient stay, acute. 2-retrospective bundled, total expenditures for a beneficiary's episode is later reconciled for the target price of the bundled payment amount. 3-retrospective bundled payment where actual expenditures are reconciled against a target price for an episode of care. 4-single prospectively determined bundled payment for all services furnished. [Show Less]
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HFMA CRCR EXAM 172 Questions with Answers 2023,100% CORRECT
HFMA CRCR EXAM 172 Questions with Answers 2023 Through what document does a hospital establish compliance standards? - CORRECT ANSWERS code of conduct... [Show More] What is the purpose OIG work plant? - CORRECT ANSWERS Identify Acceptable compliance programs in various provider setting If a Medicare patient is admitted on Friday, what services fall within the three-day DRG window rule? - CORRECT ANSWERS Non-diagnostic service provided on Tuesday through Friday What does a modifier allow a provider to do? - CORRECT ANSWERS Report a specific circumstance that affected a procedure or service without changing the code or its definition IF outpatient diagnostic services are provided within three days of the admission of a Medicare beneficiary to an IPPS (Inpatient Prospective Payment System) hospital, what must happen to these charges - CORRECT ANSWERS They must be billed separately to the part B Carrier what is a recurring or series registration? - CORRECT ANSWERS One registration record is created for multiple days of service What are nonemergency patients who come for service without prior notification to the provider called? - CORRECT ANSWERS Unscheduled patients Which of the following statement apply to the observation patient type? - CORRECT ANSWERS It is used to evaluate the need for an inpatient admission which services are hospice programs required to provide around the clock patient - CORRECT ANSWERS Physician, Nursing, Pharmacy Scheduler instructions are used to prompt the scheduler to do what? - CORRECT ANSWERS Complete the scheduling process correctly based on service requeste The Time needed to prepare the patient before service is the difference between the patients arrival time and which of the following? - CORRECT ANSWERS Procedure time Medicare guidelines require that when a test is ordered for a LCD or NCD exists, the information provided on the order must include: - CORRECT ANSWERS Documentation of the medical necessity for the test What is the advantage of a pre-registration program - CORRECT ANSWERS It reduces processing times at the time of service What date are required to establish a new MPI(Master patient Index) entry - CORRECT ANSWERS The responsible party's full legal name, date of birth, and social security number Which of the following statements is true about third-party payments? - CORRECT ANSWERSThe payments are received by the provider from the payer responsible for reimbursing the provider for the patient's covered services. Which provision protects the patient from medical expenses that exceed the pre-set level - CORRECT ANSWERSstop loss what documentation must a primary care physician send to HMO patient to authorize a visit to a specialist for additional testing or care? - CORRECT ANSWERSReferral Under EMTALA (Emergency Medical Treatment and Labor Act) regulations, the provider may not ask about a patient's insurance information if it would delay what? - CORRECT ANSWERSMedical screening and stabilizing treatment Which of the following is a step in the discharge process? - CORRECT ANSWERSHave a case management service complete the discharge plan The hospital has a APC based contract for the payment of outpatient services. Total anticipated charges for the visit are $2,380. The approved APC payment rate is $780. Where will the patients benefit package be applied? - CORRECT ANSWERSTo the approved APC payment rate A patient has met the $200 individual deductible and $900 of the $1000 co-insurance responsibility. The co-insurance rate is 20%. The estimated insurance plan responsibility is $1975.00. What amount of coinsurance is due from the patient? - CORRECT ANSWERS$100.00 When is a patient considered to be medically indigent? - CORRECT ANSWERSThe patient's outstanding medical bills exceed a defined dollar amount or percentage of assets. What patient assets are considered in the financial assistance application? - CORRECT ANSWERSSources of readily available funds , vehicles, campers, boats and saving accounts If the patient cannot agree to payment arrangements, What is the next option? - CORRECT ANSWERSWarn the patient that unpaid accounts are placed with collection agencies for further processing What core financial activities are resolved within patient access? - CORRECT ANSWERSscheduling , pre-registration, insurance verification and managed care processing What is an unscheduled direct admission? - CORRECT ANSWERSA patient who arrives at the hospital via ambulance for treatment in the emergency department When is it not appropriate to use observation status? - CORRECT ANSWERSAs a substitute for an inpatient admission Patients who require periodic skilled nursing or therapeutic care receive services from what type of program? - CORRECT ANSWERSHome health agency Every patient who is new to the healthcare provider must be offered what? - CORRECT ANSWERSA printed copy of the provider privacy notice Which of the following statements apples to self insured insurance plans? - CORRECT ANSWERSThe employer provides a traditional HMO health plan In addition to the member's identification number, what information is recorded in a 270 transaction - CORRECT ANSWERSName What process does a patient's health plan use to retroactively collect payments from liability automobile or worker's compensation plan? - CORRECT ANSWERSSubrogation In what type of payment methodology is a lump sum of bundled payment negotiated between the payer and some or all providers? - CORRECT ANSWERSDRG/Case rate What Restriction does a managed care plan place on locations that must be used if the plan is to pay for the service provided? - CORRECT ANSWERSSite of service limitation Which of the following statements applies to private rooms? - CORRECT ANSWERSIf the medical necessity for a private room is documented in the chart. The patients insurance will be billed for the differential Which of the following is true about screening a beneficiary of possible MSP(Medicare secondary payer) situations? - CORRECT ANSWERSIt is necessary to ask the patient each of the MSP questions Which of the following is not true of Medicare Advantage Plans? - CORRECT ANSWERSA patient must have both Medicare Part A and B benefits to be eligible for a Medicare Advantage plan Which of the following is a valid reason for a payer to deny a claim? - CORRECT ANSWERSFailure to complete authorization Which of the following statements is NOT a possible consequence of selecting the wrong patient in the MPI(master patient index) - CORRECT ANSWERSClaim is paid in full Which of the following statements is true of a Medicare Advantage Plan? - CORRECT ANSWERSThis plan supplements Part A and Part B benefits Which is the following is not a characteristic of Medicaid HMO plan? - CORRECT ANSWERSMedicaid-eligible patients are never required to join a Medicaid HMO plan Which of the following is violation of the EMTALA ? - CORRECT ANSWERSRegistration staff members routinely contact managed care plans for prior authorizations before the patients is seen by the on duty physician Which of the following statements is true of the important message from Medicare notification requirements? - CORRECT ANSWERSNotification can be issued no earlier than 7 days before admission and no more than 2 days before discharge. What is the self pay balance after insurance - CORRECT ANSWERSThe portion of the adjudicated claim that is due from the patient Which of the following options is an alternative to valid long term payment plans - CORRECT ANSWERSBank loans The patient has the following benefit plan $400 per family member deductible, to a maximum of $1200 per year and $2000 per family member co insurance, to a family maximum of $6000 per year excluding the deductible . Five family members are enrolled in this benefit plan. What is the maximum out of pocket expense that that family could incur during the calendar year? - CORRECT ANSWERS$6000 What type of plan restricts benefits for non-emergency care to approve providers only? - CORRECT ANSWERSA POS (point of service )plan What does scheduling allow provider staff to do? - CORRECT ANSWERSReview the appropriateness of the service requested When an adult patient is covered by both his own and his spouse health insurance plan, which of the statements is true? - CORRECT ANSWERSThe patients insurance plan is primary Mrs. Jones , a Medicare beneficiary was admitted to the hospital on June 20,2010. As of the admission date, she had only used 8 inpatient days in the current benefit period. If she is not discharge on what date will Mr jones exhaust her full coverage days. - CORRECT ANSWERSAugust 9, 2010 In order to meet eligibility guidelines for healthcare benefits, Medicaid beneficiaries must fall into a specified need category and meet what other types of requirements - CORRECT ANSWERSIncome and assets Fee for service plans pay claims based on a percentage of charges. How are patients out of pocket cost calculated? - CORRECT ANSWERSThey are calculated quarterly Indemnity plans usually reimburse what? - CORRECT ANSWERSA certain percentage of charges after patient meets policy's annual deductible. Departments that need to be included in Charge master maintenance include all EXCEPT - CORRECT ANSWERSQuality Assurance Using HIPPA standardized transaction sets allow providers to: - CORRECT ANSWERSSubmit a standardized transaction to any of the health plans with which it conducts business. Which of the following is NOT included in the standardized quality measures? - CORRECT ANSWERSCost of services The ACO investment model will test the use of pre-paid shared savings to: - CORRECT ANSWERSEncourage new ACOs to form in rural and underserved areas. Any healthcare insurance plan that provides or ensures comprehensive health maintenance and treatment services for an enrolled group of persons on a monthly fee is known as: - CORRECT ANSWERSHMO Ambulance services are billed directly to the health plan for: - CORRECT ANSWERSServices provided before a patient is admitted and for ambulance rides arranged to pick up the patient from the hospital after discharge to take him/her home or to another facility. Any provider that has filed a timely cost report may appeal in an adverse final decision received from the Medicare Administrative Contractor (MAC), the appeal may be filed with: - CORRECT ANSWERSThe Provider Reimbursement Review Board. For scheduled payments, important revenue cycle activities in the time-of-service stage DO Not include: - CORRECT ANSWERSObtaining or updating patient and guarantor information Hospital can only convert an inpatient case to observation if: - CORRECT ANSWERSThe hospital utilization review committee determines before the patient is discharged and prior to billing that an observation setting would be more appropriate. Hospital need which of the following information sets to assess a patient's financial status? - CORRECT ANSWERSDemographic, Income, Assets and Expenses. HIPAA privacy rules require covered entities to take all, of the following actions EXCEPT: - CORRECT ANSWERSUse only designated software platforms to secure patient date. When Recovery Audit Contractors (RAC) identify improper payments as overpayment. the claims processing contractor must: - CORRECT ANSWERSSend a demand letter to the provider to recover the over payment amount. Which HIPPA transaction set provides electronic processing of 8insurance verification requests and responses? - CORRECT ANSWERSThe 270-271 set Across all care settings, if a patient consents to a financial discussion during a medical encounter to expedite discharge, the HFMA best practice is to: - CORRECT ANSWERSSupport that choice, providing that the discussion does not interfere with patient care or disrupt patient flow. A scheduled inpatient represents an opportunity for the provider to do which of the following? - CORRECT ANSWERSComplete registration and insurance approval before service The Medicare Bundled Payments for Care Initiative (BCP) is designed to: - CORRECT ANSWERSAlign incentives between hospitals, physicians, and non-physician providers in-order to better coordinate patient care. To maximize the value derived from customer complaints, all consumer complaints should be: - CORRECT ANSWERSTracked and shared to improve customer experience The soft cost of a dissatisfied customer is: - CORRECT ANSWERSThe customer passing on information about their negative experience to potential patients or through social media channels. Applying the contracted payment methodology to the total charges yields: - CORRECT ANSWERSAn estimate price The importance of medical records maintained by HIM is that the patient records: - CORRECT ANSWERSAre the primary source for clinical data required for reimbursement by health plans and liability payers Important Revenue Cycle Activities in the pre-service stage include: - CORRECT ANSWERSObtaining or updating patient and guarantor information In the pre-service stage, the cost of the schedule services is identified and the patient's health plan and benefits are used to calculate: - CORRECT ANSWERSThe amount the patient may be expected to pay after insurance. The disadvantage of outsourcing includes all, of the following Except - CORRECT ANSWERSReduces internal staffing costs and a reliance on outsourced staff. Marinating routine contact with health plan or liability payer, making sure all required information is provided and all needed approvals are obtained is the responsibility of who: - CORRECT ANSWERSCase Management A claim is denied for the following reasons EXCEPT: - CORRECT ANSWERSThe submitted claim does not have the physician signature All Hospitals are required to establish a written financial assistance policy that applies to: - CORRECT ANSWERSAll emergency and medically necessary care Examples of ethics violation that impact the revenue cycle include all of the following EXCEPT: - CORRECT ANSWERSSeeking payment options for self-pay Verbal orders from a physician for a service(s) are: - CORRECT ANSWERSAcceptable if given to "qualified" staff as defined in a hospitals policies and procedures Medicare has established guidelines called Local Coverage Determination (LCD) and National Coverage Determination (NCD) that establish: - CORRECT ANSWERSWhat serviced or healthcare items are covered under Medicare? A decision on whether a patient should be admitted as an inpatient or become an outpatient observation patient requires medical judgement based on all of the following EXCEPT: - CORRECT ANSWERSThe patient's home care coverage What is the first step of the daily cash reconciliation process? - CORRECT ANSWERSObtaining cash, check, credit card and debit card payment from that day The healthcare industry is vulnerable to compliance issues, in large part due to the complexity of the statutes and regulations pertaining to: - CORRECT ANSWERSMedicare and Medicaid payments The correct coding initiative program consist of: - CORRECT ANSWERSEdits that are implemented within provider's claim processing system The Affordable Health Care Act legislated the development of Health Insurance Exchange, where individuals and small businesses can: - CORRECT ANSWERSPurchase health benefits plans regardless of insured's health status Before classifying and subsequently writing off an account to financial assistance or bad debit, the hospital must establish policy define appropriate criteria, implement procedures for identifying accounts and: - CORRECT ANSWERSMonitor compliance The Electronic Remittance Advice (ERA) data sets are: - CORRECT ANSWERSA standardized for that provides 3rd party payment details to providers The first and most critical step in registering a patient, whether scheduled or unscheduled is: - CORRECT ANSWERSVerifying the patient's identification The standard claim form used for the billing by hospitals, nursing facilities, and other inpatient services is called the: - CORRECT ANSWERSUB-04 A four-digit number code established by the National Uniform Billing Committee (NUBC) that categorizes/classifies a line in the charge master is known as: - CORRECT ANSWERSRevenue codes Internal controls addressing coding and reimbursement charges are put in place to guard against: - CORRECT ANSWERSCompliance fraud by "upcoding" The 501(R) regulations require non-for-profit providers (501) ©(3) organizations to do which of the following activities: - CORRECT ANSWERSComplete a community needs assessment and develop a discount program for patient's balances after insurance payment During pre-registration, a search for the patient's MRI number is initiated using which of the following data sets: - CORRECT ANSWERSPatient's full legal name and date of birth or the patient's Social Security number To maximize the value derived from customer complaints, all consumer complaints should be: - CORRECT ANSWERSTracked and shared to improve the customer experience The Business ethics, or organizational ethics represent: - CORRECT ANSWERSThe principles and standards by which organizations operate Providers are advised that it is best to establish patient financial responsibility and assistance policies and make sure they are followed internally and by: - CORRECT ANSWERSThird-party payers The advantage to using a third-part, collection agency includes all of the following EXCEPT: - CORRECT ANSWERSProviders pay pennies on each dollar collected. Local Coverage Determination (LCD) and National Coverage Determinations (NCD) are Medicare established guidelines used to determine: - CORRECT ANSWERSWhich diagnosis, signs, or symptoms are reimbursable Claims with the dates of service received later than one calendar year beyond the date of service will be: - CORRECT ANSWERSDenied by Medicare in the pre-service stage, the requested service is screened for medical necessity, health plan coverage and benefits are verified and: - CORRECT ANSWERSPre-authorization are obtained For scheduled patients, important revenue cycle activities in the time-of -service stage DO NOT include: - CORRECT ANSWERSFinal bill is presented for payment If a medical service authorization, who is typically responsible for obtaining the authorization: - CORRECT ANSWERSThe provider scheduling Concurrent review and discharge planning - CORRECT ANSWERSOccurs during service The fundamental approach in managing denials is: - CORRECT ANSWERSTo analyze the type and sources of denials and consider process changes to eliminate further denials The first thing a health plan does when processing a claim is: - CORRECT ANSWERSCheck if the patient is a health plan beneficiary and what is the coverage Outsourcing options should be evaluated as - CORRECT ANSWERSAny other business service purchase Insurance verification results in which of the following: - CORRECT ANSWERSThe accurate identification of the patient's eligibility and benefits EMTLA and HFMA best practices specify that in an Emergency Department setting: - CORRECT ANSWERSNo patient financial discussions should occur before a patient is screened and stabilized he HCCAHPS (Hospital Consumer Assessment of Healthcare Provider's and Systems) initiative was launched to: - CORRECT ANSWERSProvide a standardized method for evaluation patients' perspective on hospital care All of the following are potential causes of credit balances EXCEPT: - CORRECT ANSWERSA patient's choice to build up a credit against future medical bills Medicare will only pay for tests and services that: - CORRECT ANSWERSCan be demonstrated as necessary This was developed to promote and ensure healthcare quality and value and also to protect consumers and workers in the healthcare system. This directive is called: - CORRECT ANSWERSJoint Commission for Acceleration of Healthcare Organizations (JCAHO) safety standards It is important to calculate reserves to ensure: - CORRECT ANSWERSA stable financial operations and accurate financial reporting An advantage of a pre-registration program in - CORRECT ANSWERSThe opportunity to reduce processing times at the time of service To be eligible for Medicaid, an individual must: - CORRECT ANSWERSMeet income and asset requirements The patient discharge process begins when: - CORRECT ANSWERSThe physician writes the order Appropriate training for patient financial counseling staff must cover all of the following EXCEPT: - CORRECT ANSWERSDocumenting the conversation in the medical records Patients should be informed that costs presented in a price estimation may: - CORRECT ANSWERSOnly determine the percentage of the total that the patients is responsible for and not the actual cost. Any healthcare insurance plan that providers or insures comprehensive health maintenance and services for an enrolled group of persons based on a monthly fee is known as a - CORRECT ANSWERSHMO Chapter 11 Bankruptcy permits a debtor to: - CORRECT ANSWERSWork out a court-supervised plan with creditors A portion of the accounts receivable inventory which has NOT qualified for billing includes: - CORRECT ANSWERSAccounts created during pre-registration but not activated Overall aggregate payments made to a hospice are subject to a computed "cap amount" calculated by: - CORRECT ANSWERSThe Medicare Administrative Contractor (MAC) at the end of the hospice cap period The ICD-10 code set and CPT/HCPCS code sets combined provide: - CORRECT ANSWERSThe specificity and coding accuracy needed to support reimbursement claims Charges, as the most appropriate measurement of utilization, enables: - CORRECT ANSWERSGeneration of timely and accurate billing Days in A/R calculated based on the value of: - CORRECT ANSWERSThe total account receivable on a specific date Medicare benefits provide coverage for: - CORRECT ANSWERSInpatient hospital services, skilled nursing care. And home health care HFMA best practices call for patient financial discussions to be reinforced: - CORRECT ANSWERSBy issuing a new invoice to the patient All of following are steps in safeguarding collections EXCEPT: - CORRECT ANSWERSPlacing collections in a lock-box for posting review the next business day The code indication of the disposition of the patient at the conclusion of service is called the: - CORRECT ANSWERSPatient discharge status code HIPPA has adopted Employer Identification Numbers (EINs) to be used in standard transactions to identify the employer of an individual described in a transaction. EINs are created and assigned by: - CORRECT ANSWERSThe Internal Revenue Service The purpose of the ACA mandated Community Health Needs Assessment is: - CORRECT ANSWERSTo provide community benefit outreach to those without insurance and who have not had a physical within the past 2 years What is Continuum of Care: - CORRECT ANSWERSThe coordination and linkage of resource needed to avoid the duplication of services and the facilitation of seamless movement among care settings. Account Receivable (A/R) aging reports - CORRECT ANSWERSIdentify past due accounts likely to become bad debit Applying the contracted payment amount to the amount of total charges yields: - CORRECT ANSWERSAn estimated price for the patient's responsibility Most major health plans including Medicare and Medicaid offer: - CORRECT ANSWERSElectronic and/or web portal verification What are some elements of a board-approved financial assistance policy: - CORRECT ANSWERSEligibility application process and nonpayment collection activities Which of the following is usually covered on a Conditions of Admissions form: - CORRECT ANSWERSPatient's bill of rights. Net Accounts Receivable is - CORRECT ANSWERSThe amount an entity is reasonably confident of collection form overall accounts A common billing issue with hospital-based physician's is - CORRECT ANSWERSThey are not contracted with the patient's health plan to provide services What are collection agency fees based on ? - CORRECT ANSWERSA percentage of dollars collected Self-funded benefit plans may choose to coordinate benefits using the gender rule or what other rule? - CORRECT ANSWERSBirthday What customer service improvements might improve the patient accounts department? - CORRECT ANSWERSHolding Staff accountable for customer service during performance reviews What is an ABN(Advance Beneficiary Notice of Non-coverage) required to do? - CORRECT ANSWERSInform Medicare beneficiary that Medicare may not pay for the order or service What is the initial hospice benefit? - CORRECT ANSWERSTwo 90-day periods and an unlimited number of subsequent periods How should a provider resolve a late-charge credit posted after an account is billed? - CORRECT ANSWERSPost a late-charge adjustment to the account an increase in the dollars aged greater than 90 days from date of service indicate what about accounts - CORRECT ANSWERSThey are not being processed in a timely manner What are the two statutory exclusions from hospice coverage? - CORRECT ANSWERSMedically Unnecessary services and custodial care What statement applies to the scheduled outpatient? - CORRECT ANSWERSThe services do not include an overnight stay How is a mis-posted contractual allowance resolved? - CORRECT ANSWERSComparing the contract reimbursement rates with the contract on the admittance advice to identify the correct amount What type of patient status is used to evaluate the patients need for inpatient care? - CORRECT ANSWERSObservation Coverage rules for Medicare beneficiaries receiving skilled nursing care require that the beneficiary has received what? - CORRECT ANSWERSMedically necessary inpatient hospital services for at least 3 consecutive days before the skilled nursing care admission. When is the word "SAME" entered on the CMS 1500 billing form in feild 0 - CORRECT ANSWERSWhen the patient is insured If the insurance verification response reports that a subscriber has a single policy, what is the status of the subscriber's spouse? - CORRECT ANSWERSNeither enrolled not entitled to benefits Regulation Z of the consumer Credit Protection Act, also known as the Truth in lending Act establishes what? - CORRECT ANSWERSDisclosure rules for consumer credit sales and consumer loans What is a principle diagnosis? - CORRECT ANSWERSPrimary reason for the patients admission Collecting patient liability dollars after service leads to what? - CORRECT ANSWERSLower accounts receivable levels What is the daily out-of-pocket amount for each lifetime reserve day used? - CORRECT ANSWERS50% of the current deductible amount What service provided to a Medicare beneficiary in a rural health clinic(RHC) is not billable as an RHC service? - CORRECT ANSWERSInpatient care What code indicates the disposition of the patient at the conclusion of service? - CORRECT ANSWERSPatient discharge status code What are hospitals required to do for Medicare credit balance accounts? - CORRECT ANSWERSThey result in lost reimbursement and additional cost to collect. When an undue delay of payment results from a dispute between the patient and the third party payer, who is responsible for payment? - CORRECT ANSWERSPatient With advances in internet security and encryption, revenue-cycle processes are expanding to allow patients to do what? - CORRECT ANSWERSAccess their information and perform functions on-line What date is required on all CMS 1500 claim forms? - CORRECT ANSWERSonset date of current illness What code is used to report the provider's most common semiprivate room rate? - CORRECT ANSWERSCondition code Regulations and requirements for coding accountable care organizations which allows providers to begin creating these organizations were finalized in - CORRECT ANSWERS2012 What is a primary responsibility of the recover audit contractor? - CORRECT ANSWERSTo correctly identify proper payments for Medicare part A and B claims How must providers handle credit balances? - CORRECT ANSWERSComply with state statutes concerning reporting credit balance What activities are completed when a scheduled pre-registered patient arrives for service? - CORRECT ANSWERSRegistering the patient and directing the patient to the service area In addition to being supported by information found in the patients chart, a CMS 1500 claim must be coded using what? - CORRECT ANSWERSHCPCS What results from a denied claim? - CORRECT ANSWERSThe provider incurs rework and appeal costs [Show Less]
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CRCR study guide 9 Questions with Answers 2023,100% CORRECT
CRCR study guide 9 Questions with Answers 2023 Through which document does a hospital establish compliance standards ? - CORRECT ANSWERSCode of conduct ... [Show More] What is the purpose of the OIG work plan - CORRECT ANSWERSIdentify acceptable compliance programs in various provider settings. If a Medicare patient is admitted on Friday what services fall within the three day DRG window rule? - CORRECT ANSWERSDiagnostic and clinically related non diagnostic charges provided on the Tuesday, Wednesday, Thursday and Friday before admission. What does a modifier allow a provider to do? - CORRECT ANSWERSReport a specific circumstance that affected a procedure or service without changing the code or it's definition. If outpatient diagnostic services are provided within three days of the admission of a Medicare beneficiary to an IPPS hospital, what must happen to these charges ? - CORRECT ANSWERSThey must be combined with the inpatient bill paid under the MS-DRG system Why is the OIG pursuing the Medicare secondary payer initiative? - CORRECT ANSWERSIt reviews Medicare payments for beneficiaries who have other insurance and assessed the effectiveness of procedures in preventing inappropriate Medicare payments for beneficiaries with other insurance coverage. What is a reoccurring or series registration? - CORRECT ANSWERSOne registration record is created for multiple days of service What are nonemergency patients who come for service without prior notification to the provider called ? - CORRECT ANSWERSUnscheduled patients Which of the following statements apply to the observation patient type ? - CORRECT ANSWERSIt is used to evaluate the need for an inpatient admission [Show Less]
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CRCR Test Review 33 Questions with Answers 2022/2023,100% CORRECT
CRCR Test Review 33 Questions with Answers 2022/2023 Important revenue cycle activities in the pre-service stage include; - CORRECT ANSWERSObtaining or ... [Show More] updating patient and guarantor information In the pre-service stage, the cost of the scheduled service is identified and the patient's health plan and benefits are used to calculate; - CORRECT ANSWERSThe amount the patient may be expected to pay after insurance. Demographic and health plan edit failures are identified and resolved within the Patient Access area. Census activity is processed, Discharges are completed and correctly coded. These activities are considered - CORRECT ANSWERSPoint-of-service revenue cycle activities. HFMA best practices call for patient financial discussions to be reinforced; - CORRECT ANSWERSWith a written statement of the conversation HFMA's patient financial communications best practices specify that patients should be told about the types of services provided and; - CORRECT ANSWERSWho participates in providing the service, e.g. surgeons, radiologists, etc. The process of evaluating compliance with financial assistance policies involves; - CORRECT ANSWERSThe annual observation, monitoring, and tracking of results for all best practices. The account resolution clock begins when - CORRECT ANSWERSThe first statement is sent to the patient The soft cost of a dissatisfied customer is - CORRECT ANSWERSThe customer passing on information about their negative experience to potential patients or through social media channels The hard cost of a dissatisfied customer is - CORRECT ANSWERSloss of future revenue When there is a request for service, scheduling staff must first - CORRECT ANSWERSConfirm the patients key identification information A standardized form informing patients about the conditions that must be agreed to as part of the agreement for the hospital to provide care is called - CORRECT ANSWERSConditions of admission Hospitals need which of the following information sets to assess a patients financial status - CORRECT ANSWERSDemographic, Income, Assets, and Expenses For new patients with no MPI number - CORRECT ANSWERSA new medical record will be created by the provider Which option is a government sponsored program that is financed through taxes and general revenue funds - CORRECT ANSWERSMedicare An increase in the dollars aged greater than 90 days from date of service indicates that accounts are - CORRECT ANSWERSNot resolved in a timely manner In many states, people covered under the Medicaid program are required to join managed care plans focusing on preventive healthcare - CORRECT ANSWERSMedicaid Advantage Price is defined as; - CORRECT ANSWERSThe amount actually paid by the health plan and/or the patient for a specific service Patients are contacting hospitals to proactively inquire about costs and fees prior to agreeing to service. The problem for hospitals in providing such information is; - CORRECT ANSWERSThe fact that chargemaster lists the total charge, not net charges that reflect charges after a payer's contractual adjustment 19) Time of the patient portion earlier in the cycle and increases patient satisfaction because; - CORRECT ANSWERSThere is clarity for the patient about what is owed. Because case managers are well positioned to document the clinical reasons for treatment, they are; - CORRECT ANSWERSOf great assistance to revenue cycle staff working on written appeals for denials 21) The best practice in billing is to generate bills and financial information that is: - CORRECT ANSWERSClear, concise, correct, and patient-friendly. Pricing Transparency is defined as readily available information on the price of healthcare services, that together with other information, help define the value of those services and enable consumers to; - CORRECT ANSWERSIdentify, compare, and choose providers that offer the desired level or value. The 501 (r) regulations require not-for-profit providers 501 (c)(3) to do which of the following activities: - CORRECT ANSWERSImplement a financial assistance program for uninsured and underinsured patients. Net Accounts Receivable is - CORRECT ANSWERSThe amount an entity is reasonably confident of collecting from overall accounts receivable The revenue cycle includes - CORRECT ANSWERSAll of the major processing steps required to process a patient account from the request for service through closing the account Across all care settings, if a patient consents to a financial discussion during a medical encounter to expedite discharge, the HFMA best practice is to - CORRECT ANSWERSSupport that choice, providing that the discussion does not interfere with patient care or disrupt patient flow Medicare patients are NOT required to produce a physicians order to receive which of these services - CORRECT ANSWERSScreening mammograms', flu vaccine or pneumonia For routine scenarios, such as patients with insurance coverage or a known ability to pay, financial discussions: - CORRECT ANSWERSShould take place between the patient or guarantor and properly trained provider representatives. For non-routine scenarios, such as uninsured or underinsured patients: - CORRECT ANSWERSA financial counselor or supervisor should be involved. The Two Midnight Rule allows hospitals to account for total Hospital time Including - CORRECT ANSWERSOutpatient time directly preceding the inpatient admission The purpose of the ACA mandated Community Health Needs Assessment is; - CORRECT ANSWERSTo identify significant health needs, prioritize those needs and identify resources to address them. Unless the patient encounter is an emergency, it is more efficient and effective to; - CORRECT ANSWERSObtain the required demographic and insurance information before services are rendered. What is likely to occur if credit balances are not identified separately from debit balances in accounts receivable? - CORRECT ANSWERSThe accounts receivable level would be understated. [Show Less]
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HFMA CRCR Exam Topics |CRCR EXAM 2023,100% CORRECT
HFMA CRCR Exam Topics |CRCR EXAM 2023 HFMA CRCR Exam Topics Revenue Cycle - CORRECT ANSWERSAll of the major processing steps required to process a pati... [Show More] ent account from the request for service through closing the account with a zero balance and purging it from the system. Pre-Service - CORRECT ANSWERS1. Patient is scheduled and registered for service 2. Patient Service cost is calculated Time-of-Servce - CORRECT ANSWERS1. Case Management and Discharge Plans are provided 2. Consent forms are signed Post-Service - CORRECT ANSWERS1. Bills are sent electronically to health plan 2. Patient account is monitored for payment Patient Financial Communication Best Practices - CORRECT ANSWERS Best practices for price transparency - CORRECT ANSWERS medical account resolution - CORRECT ANSWERS Financial Counseling - CORRECT ANSWERS Patient Share - CORRECT ANSWERS Prior Balances - CORRECT ANSWERS Balance Resolution - CORRECT ANSWERS Price transparency - CORRECT ANSWERS CRCR EXAM Where are Medicare beneficiaires notified of their appeal - CORRECT ANSWERSon every explanation of medical benefits notice What identifier are providers required to use - CORRECT ANSWERSMaster Patient Index According to the timely filing rule for a Medicare SNF how must the provider claim be handled? - CORRECT ANSWERSFile within 1 calendar year within date of service What will a collection agency provide the hospital with? - CORRECT ANSWERS [Show Less]
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