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HFMA CRCR Complete Exam Practice Questions with Correct Expert Graded A+ Answers | Latest Version

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HFMA CRCR Complete Exam Practice Questions with Correct Expert Graded A+ Answers | Latest Version 1. HFMA Certification - ANSWER Programs enhancing knowledge in healthcare finance. 2. CRCR Certification - ANSWER National-level certification for revenue cycle professionals. 3. Through what document does a hospital establish compliance standards? - ANSWER code of conduct 4. What is the purpose OIG work plant? - ANSWER Identify Acceptable compliance programs in various provider setting 5. 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? - ANSWER Medical screening and stabilizing treatment 6. Which of the following is a step in the discharge process? - ANSWER Have a case management service complete the discharge plan 7. 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? - ANSWER To the approved APC payment rate 8. 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? - ANSWER $100.00 9. When is a patient considered to be medically indigent? - ANSWER The patient's outstanding medical bills exceed a defined dollar amount or percentage of assets. 10. What patient assets are considered in the financial assistance application? - ANSWER Sources of readily available funds , vehicles, campers, boats and saving accounts 11. If the patient cannot agree to payment arrangements, What is the next option? - ANSWER Warn the patient that unpaid accounts are placed with collection agencies for further processing 12. What core financial activities are resolved within patient access? - ANSWER scheduling , pre-registration, insurance verification and managed care processing 13. What is an unscheduled direct admission? - ANSWER A patient who arrives at the hospital via ambulance for treatment in the emergency department 14. When is it not appropriate to use observation status? - ANSWER As a substitute for an inpatient admission 15. Patients who require periodic skilled nursing or therapeutic care receive services from what type of program? - ANSWER Home health agency 16. Every patient who is new to the healthcare provider must be offered what? - ANSWER A printed copy of the provider privacy notice 17. Which of the following statements apples to self insured insurance plans? - ANSWER The employer provides a traditional HMO health plan 18. In addition to the member's identification number, what information is recorded in a 270 transaction - ANSWER Name 19. If a Medicare patient is admitted on Friday, what services fall within the three-day DRG window rule? - ANSWER Non-diagnostic service provided on Tuesday through Friday 20. What does a modifier allow a provider to do? - ANSWER Report a specific circumstance that affected a procedure or service without changing the code or its definition 21. 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 - ANSWER They must be billed separately to the part B Carrier 22. what is a recurring or series registration? - ANSWER One registration record is created for multiple days of service 23. What are nonemergency patients who come for service without prior notification to the provider called? - ANSWER Unscheduled patients 24. Which of the following statement apply to the observation patient type? - ANSWER It is used to evaluate the need for an inpatient admission 25. which services are hospice programs required to provide around the clock patient - ANSWER Physician, Nursing, Pharmacy 26. Scheduler instructions are used to prompt the scheduler to do what? - ANSWER Complete the scheduling process correctly based on service requeste 27. The Time needed to prepare the patient before service is the difference between the patients arrival time and which of the following? - ANSWER Procedure time 28. Medicare guidelines require that when a test is ordered for a LCD or NCD exists, the information provided on the order must include: - ANSWER Documentation of the medical necessity for the test 29. What is the advantage of a pre-registration program - ANSWER It reduces processing times at the time of service 30. What date are required to establish a new MPI(Master patient Index) entry - ANSWER The responsible party's full legal name, date of birth, and social security number 31. Which of the following statements is true about third-party payments? - ANSWER The payments are received by the provider from the payer responsible for reimbursing the provider for the patient's covered services.

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HFMA CRCR Complete Exam Practice
Questions with Correct Expert Graded
A+ Answers | Latest Version

1. HFMA Certification - ANSWER Programs enhancing knowledge in
healthcare finance.


2. CRCR Certification - ANSWER National-level certification for revenue
cycle professionals.


3. Through what document does a hospital establish compliance standards? -
ANSWER code of conduct


4. What is the purpose OIG work plant? - ANSWER Identify Acceptable
compliance programs in various provider setting


5. 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? - ANSWER Medical screening and stabilizing
treatment


6. Which of the following is a step in the discharge process? - ANSWER Have
a case management service complete the discharge plan


7. 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? - ANSWER To the approved APC payment rate

,8. 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? - ANSWER $100.00


9. When is a patient considered to be medically indigent? - ANSWER The
patient's outstanding medical bills exceed a defined dollar amount or
percentage of assets.


10.What patient assets are considered in the financial assistance application? -
ANSWER Sources of readily available funds , vehicles, campers, boats and
saving accounts


11.If the patient cannot agree to payment arrangements, What is the next
option? - ANSWER Warn the patient that unpaid accounts are placed with
collection agencies for further processing


12.What core financial activities are resolved within patient access? -
ANSWER scheduling , pre-registration, insurance verification and managed
care processing


13.What is an unscheduled direct admission? - ANSWER A patient who
arrives at the hospital via ambulance for treatment in the emergency
department


14.When is it not appropriate to use observation status? - ANSWER As a
substitute for an inpatient admission

, 15.Patients who require periodic skilled nursing or therapeutic care receive
services from what type of program? - ANSWER Home health agency


16.Every patient who is new to the healthcare provider must be offered what? -
ANSWER A printed copy of the provider privacy notice


17.Which of the following statements apples to self insured insurance plans? -
ANSWER The employer provides a traditional HMO health plan


18.In addition to the member's identification number, what information is
recorded in a 270 transaction - ANSWER Name


19.If a Medicare patient is admitted on Friday, what services fall within the
three-day DRG window rule? - ANSWER Non-diagnostic service provided
on Tuesday through Friday


20.What does a modifier allow a provider to do? - ANSWER Report a specific
circumstance that affected a procedure or service without changing the code
or its definition


21.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 - ANSWER
They must be billed separately to the part B Carrier


22.what is a recurring or series registration? - ANSWER One registration
record is created for multiple days of service


23.What are nonemergency patients who come for service without prior
notification to the provider called? - ANSWER Unscheduled patients

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