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HFMA 2025 HFMA CRCR Exam 1 – Actual Questions with Correct Answers | A+ Graded & Latest Update

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Prepare confidently for the 2025 HFMA CRCR Exam 1 with this complete and updated exam resource. Includes actual exam questions with correct, verified answers, already graded A+. Ideal for healthcare finance professionals preparing for the Certified Revenue Cycle Representative (CRCR) exam. Covers key financial, billing, and revenue cycle concepts with the latest 2025 exam standards to ensure exam readiness and success.

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2025 HFMA CRCR EXAM 1 ACTUAL EXAM
QUESTIONS AND CORRECT ANSWERS | LATEST
UPDATE | ALREADY GRADED A+

What are collection agency fees based on? - (answers)A percentage of dollars
collected
apply logic to prove statements or solve problems. This is especially important in subjects like proof-based mathematics.Calculation and Accuracy: Mathematical exams test a student’s ability
students are expected to demonstrate their ability to apply logic to prove statements or solve problems. This is especially




Self-funded benefit plans may choose to coordinate benefits using the gender
rule or what other rule? - (answers)Birthday

accurate calculations or theorems.3.3. Skills Tested in Mathematics ExamsProblem-Solving Ability: The core skill tested in mathematics exams is problem-solving. Students must approach
complex problems systematically, using appropriate methods to reach the correct solution.Logical Reasoning: Mathematics is rooted in logical structures, and apply mathematical
principles in the correct sequence to reach a solution.Understanding of Concepts: Beyond solving problems, mathematics exams test students’ conceptual understanding of core topics, such as
algebra, geometry, calculus, or statistics.3.4. Preparing for Mathematics ExamsMathematics requires consistent practice. Students should focus on solving a wide variety of problems to
understand the different methods and strategies that can be applied

In what type of payment methodology is a lump sum or bundled payment
negotiated between the payer and some or all providers? - (answers)Case rates



What customer service improvements might improve the patient accounts
department? - (answers)Holding staff accountable for customer service during
performance reviews



What is an ABN (Advance Beneficiary Notice of Non-coverage) required to do? -
(answers)Inform a Medicare beneficiary that Medicare may not pay for the order
or service



What type of account adjustment results from the patient's unwillingness to pay
for a self-pay balance? - (answers)Bad debt adjustment



What is the initial hospice benefit? - (answers)Two 90-day periods and an
unlimited number of subsequent periods

, 2




When does a hospital add ambulance charges to the Medicare inpatient claim? -
(answers)If the patient requires ambulance transportation to a skilled nursing
facility



How should a provider resolve a late-charge credit posted after an account is
billed? - (answers)Post 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 - (answers)They are not being processed in a timely manner



What is an advantage of a preregistration program? - (answers)It reduces
processing times at the time of service
apply logic to prove statements or solve problems. This is especially important in subjects like proof-based mathematics.Calculation and Accuracy: Mathematical exams test a student’s ability
to perform accurate calculations and students are expected to demoaccurate calculations or theorems.3.3. Skills Tested in Mathematics ExamsProblem-Solving Ability: The core skill tested in
mathematics exams is problem-solving. Students must approach complex problems systematically, using appropriate methods to reach the correct solution.Logical Reasoning: Mathematics is
rooted in logical structures, and apply mathematical principles in the correct sequence to reach a solution.Understanding of Concepts: Beyond solving problems, mathematics exams test
students’ conceptual understanding of core topics, such as algebra, geometry, calculus, or statistics.3.4. Preparing for Mathematics ExamsMathematics requires consistent practice. Students
should focus on solving a wide variety of problems to understand the different methods and strategies that can be appliednstrate their ability to apply logic to prove statements or solve
problems. This is especially




What are the two statutory exclusions from hospice coverage? -
(answers)Medically unnecessary services and custodial care



What core financial activities are resolved within patient access? -
(answers)Scheduling, insurance verification, discharge processing, and payment of
point-of-service receipts



What statement applies to the scheduled outpatient? - (answers)The services do
not involve an overnight stay

, 3


How is a mis-posted contractual allowance resolved? - (answers)Comparing 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 patient's need for inpatient
care? - (answers)Observation



Coverage rules for Medicare beneficiaries receiving skilled nursing care require
that the beneficiary has received what? - (answers)Medically necessary inpatient
hospital services for at least 3 consecutive days before the skilled nursing care
admission

accurate calculations or theorems.3.3. Skills Tested in Mathematics ExamsProblem-Solving Ability: The core skill tested in mathematics exams is problem-solving. Students must approach
complex problems systematically, using appropriate methods to reach the correct solution.Logical Reasoning: Mathematics is rooted in logical structures, and apply mathematical
principles in the correct sequence to reach a solution.Understanding of Concepts: Beyond solving problems, mathematics exams test students’ conceptual understanding of core topics, such as
algebra, geometry, calculus, or statistics.3.4. Preparing for Mathematics ExamsMathematics requires consistent practice. Students should focus on solving a wide variety of problems to
understand the different methods and strategies that can be appliedimportant in subjects like proof-based mathematics.Calculation and Accuracy: Mathematical exams test a student’s ability
to perform accurate calculations and students are expected to demonstrate their ability to apply logic to prove statements or solve problems. This is especially

When is the word "SAME" entered on the CMS 1500 billing form in Field 0$? -
(answers)When the patient is the insured



What are non-emergency patients who come for service without prior notification
to the provider called? - (answers)Unscheduled patients



If the insurance verification response reports that a subscriber has a single policy,
what is the status of the subscriber's spouse? - (answers)Neither enrolled not
entitled to benefits



Regulation Z of the Consumer Credit Protection Act, also known as the Truth in
Lending Act, establishes what? - (answers)Disclosure rules for consumer credit
sales and consumer loans

, 4


What is a principal diagnosis? - (answers)Primary reason for the patient's
admission



Collecting patient liability dollars after service leads to what? - (answers)Lower
accounts receivable levels

accurate calculations or theorems.3.3. Skills Tested in Mathematics ExamsProblem-Solving Ability: The core skill tested in mathematics exams is problem-solving. Students must approach
complex problems systematically, using appropriate methods to reach the correct solution.Logical Reasoning: Mathematics is rooted in logical structures, and apply mathematical
principles in the correct sequence to reach a solution.Understanding of Concepts: Beyond solving problems, mathematics exams test students’ conceptual understanding of core topics, such as
algebra, geometry, calculus, or statistics.3.4. Preparing for Mathematics ExamsMathematics requires consistent practice. Students should focus on solving a wide variety of problems to
understand the different methods and strategies that can be appliedsolve problems. This is especially important in subjects like proof-based mathematics.Calculation and Accuracy:
Mathematical exams test a student’s ability to perform accurate calculations and students are expected to demonstrate their ability to apply logic to prove statements or solve problems. This
is especially

What is the daily out-of-pocket amount for each lifetime reserve day used? -
(answers)50% of the current deductible amount



What service provided to a Medicare beneficiary in a rural health clinic (RHC) is
not billable as an RHC services? - (answers)Inpatient care



What code indicates the disposition of the patient at the conclusion of service? -
(answers)Patient discharge status code



What are hospitals required to do for Medicare credit balance accounts? -
(answers)They 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? - (answers)Patient



Medicare guidelines require that when a test is ordered for a LCD or NCD exists,
the information provided on the order must include: - (answers)A valid CPT or
HCPCS code

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