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HFMA CRCR UPDATED ACTUAL EXAM 2025 QUESTIONS WITH CORRECT DETAILED ANSWERS || ALREADY GRADED A+ LATEST VERSION

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HFMA CRCR UPDATED ACTUAL EXAM 2025 QUESTIONS WITH CORRECT DETAILED ANSWERS || ALREADY GRADED A+ LATEST VERSION 1. What are non-emergency patients who come for service without prior notification to the provider called? - ANSWER Unscheduled patients 2. If the insurance verification response reports that a subscriber has a single policy, what is the status of the subscriber's spouse? - ANSWER Neither enrolled not entitled to benefits 3. Regulation Z of the Consumer Credit Protection Act, also known as the Truth in Lending Act, establishes what? - ANSWER Disclosure rules for consumer credit sales and consumer loans 4. What is a principal diagnosis? - ANSWER Primary reason for the patient's admission 5. Collecting patient liability dollars after service leads to what? - ANSWER Lower accounts receivable levels 6. What is the daily out-of-pocket amount for each lifetime reserve day used? - ANSWER 50% of the current deductible amount 7. What service provided to a Medicare beneficiary in a rural health clinic (RHC) is not billable as an RHC services? - ANSWER Inpatient care 8. What code indicates the disposition of the patient at the conclusion of service? - ANSWER Patient discharge status code 9. What are hospitals required to do for Medicare credit balance accounts? - ANSWER They result in lost reimbursement and additional cost to collect 10.When an undue delay of payment results from a dispute between the patient and the third party payer, who is responsible for payment? - ANSWER Patient 11.Medicare guidelines require that when a test is ordered for a LCD or NCD exists, the information provided on the order must include: - ANSWER A valid CPT or HCPCS code 12.With advances in internet security and encryption, revenue-cycle processes are expanding to allow patients to do what? - ANSWER Access their information and perform functions on-line 13.What date is required on all CMS 1500 claim forms? - ANSWER onset date of current illness 14.What does scheduling allow provider staff to do - ANSWER Review appropriateness of the service request 15.What code is used to report the provider's most common semiprivate room rate? - ANSWER Condition code 16.Regulations and requirements for coding accountable care organizations, which allows providers to begin creating these organizations, were finalized in: - ANSWER 2012 17.What is a primary responsibility of the Recover Audit Contractor? - ANSWER To correctly identify proper payments for Medicare Part A & B claims 18.How must providers handle credit balances? - ANSWER Comply with state statutes concerning reporting credit balance 19.Insurance verification results in what? - ANSWER The accurate identification of the patient's eligibility and benefits 20.What form is used to bill Medicare for rural health clinics? - ANSWER CMS 1500 21.What activities are completed when a scheduled pre-registered patient arrives for service? - ANSWER Registering the patient and directing the patient to the service area 22.In addition to being supported by information found in the patient's chart, a CMS 1500 claim must be coded using what? - ANSWER HCPCS (Healthcare Common Procedure Coding system) 23.What results from a denied claim? - ANSWER The provider incurs rework and appeal costs 24.Why does the financial counselor need pricing for services? - ANSWER To calculate the patient's financial responsibility 25.What type of provider bills third-party payers using CMS 1500 form - ANSWER Hospital-based mammography centers 26.How are disputes with nongovernmental payers resolved? - ANSWER Appeal conditions specified in the individual payer's contract 27.The important message from Medicare provides beneficiaries with information concerning what? - ANSWER Right to appeal a discharge decision if the patient disagrees with the services 28.Why do managed care plans have agreements with hospitals, physicians, and other healthcare providers to offer a range of services to plan members? - ANSWER To improve access to quality healthcare 29.If a patient remains an inpatient of an SNF (skilled nursing facility for more than 30 days, what is the SNF permitted to do? - ANSWER Submit interim bills to the Medicare program. 30.90. MSP (Medicare Secondary Payer) rules allow providers to bill Medicare for liability claims after what happens? - ANSWER 120 days passes, but the claim then be withdrawn from the liability carrier 31.What data are required to establish a new MPI entry? - ANSWER The patient's full legal name, date of birth, and sex 32.What should the provider do if both of the patient's insurance plans pay as primary? - ANSWER Determine the correct payer and notify the incorrect payer of the processing error 33.What do EMTALA regulations require on-call physicians to do? - ANSWER Personally appear in the emergency department and attend to the patient within a reasonable time 34.At the end of each shift, what must happen to cash, checks, and credit card transaction documents? - ANSWER They must be balanced 35.What will cause a CMS 1500 claim to be rejected? - ANSWER The provider is billing with a future date of service 36.Under Medicare regulations, which of the following is not included on a valid physician's order for services? - ANSWER The cost of the test are HCPCS codes and the appropriate modifiers used? - ANSWER To report the level 1, 2, or 3 code that correctly describes the service provided 38.If a Medicare patient is admitted on Friday, what services fall within the three-day DRG window rule? - ANSWER Diagnostic and clinicallyrelated non-diagnostic charges provided on the Tuesday, Wednesday, Thursday, and Friday before admission 39.What is a benefit of pre-registering patient's for service? - ANSWER Patient arrival processing is expedited, reducing wait times and delays 40.What is a characteristic of a managed contracting methodology? - ANSWER Prospectively set rates for inpatient and outpatient services 41.What do the MSP disability rules require? - ANSWER That the patient's spouse's employer must have less than 20 employees in the group health plan organization originated the concept of insuring prepaid health care services? - ANSWER Blue Cross and blue Shield 43.What are collection agency fees based on? - ANSWER A percentage of dollars collected 44.Self-funded benefit plans may choose to coordinate benefits using the gender rule or what other rule? - ANSWER Birthday 45.In what type of payment methodology is a lump sum or bundled payment negotiated between the payer and some or all providers? - ANSWER Case rates

Voorbeeld van de inhoud

HFMA CRCR UPDATED ACTUAL
EXAM 2025 QUESTIONS WITH
CORRECT
DETAILED ANSWERS || ALREADY
GRADED A+ < LATEST VERSION >


1. What are non-emergency patients who come for service without prior
notification to the provider called? - ANSWER 🗸 Unscheduled patients

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

3. Regulation Z of the Consumer Credit Protection Act, also known as the
Truth in Lending Act, establishes what? - ANSWER 🗸 Disclosure rules for
consumer credit sales and consumer loans

4. What is a principal diagnosis? - ANSWER 🗸 Primary reason for the
patient's admission

5. Collecting patient liability dollars after service leads to what? - ANSWER 🗸
Lower accounts receivable levels

6. What is the daily out-of-pocket amount for each lifetime reserve day used? -
ANSWER 🗸 50% of the current deductible amount

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

8. What code indicates the disposition of the patient at the conclusion of
service? - ANSWER 🗸 Patient discharge status code

9. What are hospitals required to do for Medicare credit balance accounts? -
ANSWER 🗸 They result in lost reimbursement and additional cost to collect

10.When an undue delay of payment results from a dispute between the patient
and the third party payer, who is responsible for payment? - ANSWER 🗸
Patient

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

12.With advances in internet security and encryption, revenue-cycle processes
are expanding to allow patients to do what? - ANSWER 🗸 Access their
information and perform functions on-line

13.What date is required on all CMS 1500 claim forms? - ANSWER 🗸 onset
date of current illness

14.What does scheduling allow provider staff to do - ANSWER 🗸 Review
appropriateness of the service request

15.What code is used to report the provider's most common semiprivate room
rate? - ANSWER 🗸 Condition code

16.Regulations and requirements for coding accountable care organizations,
which allows providers to begin creating these organizations, were finalized
in: - ANSWER 🗸 2012

,17.What is a primary responsibility of the Recover Audit Contractor? -
ANSWER 🗸 To correctly identify proper payments for Medicare Part A &
B claims

18.How must providers handle credit balances? - ANSWER 🗸 Comply with
state statutes concerning reporting credit balance

19.Insurance verification results in what? - ANSWER 🗸 The accurate
identification of the patient's eligibility and benefits

20.What form is used to bill Medicare for rural health clinics? - ANSWER 🗸
CMS 1500

21.What activities are completed when a scheduled pre-registered patient
arrives for service? - ANSWER 🗸 Registering the patient and directing the
patient to the service area

22.In addition to being supported by information found in the patient's chart, a
CMS 1500 claim must be coded using what? - ANSWER 🗸 HCPCS
(Healthcare Common Procedure Coding system)

23.What results from a denied claim? - ANSWER 🗸 The provider incurs
rework and appeal costs

24.Why does the financial counselor need pricing for services? - ANSWER 🗸
To calculate the patient's financial responsibility

25.What type of provider bills third-party payers using CMS 1500 form -
ANSWER 🗸 Hospital-based mammography centers

26.How are disputes with nongovernmental payers resolved? - ANSWER 🗸
Appeal conditions specified in the individual payer's contract

, 27.The important message from Medicare provides beneficiaries with
information concerning what? - ANSWER 🗸 Right to appeal a discharge
decision if the patient disagrees with the services

28.Why do managed care plans have agreements with hospitals, physicians, and
other healthcare providers to offer a range of services to plan members? -
ANSWER 🗸 To improve access to quality healthcare

29.If a patient remains an inpatient of an SNF (skilled nursing facility for more
than 30 days, what is the SNF permitted to do? - ANSWER 🗸 Submit
interim bills to the Medicare program.

30.90. MSP (Medicare Secondary Payer) rules allow providers to bill Medicare
for liability claims after what happens? - ANSWER 🗸 120 days passes, but
the claim then be withdrawn from the liability carrier

31.What data are required to establish a new MPI entry? - ANSWER 🗸 The
patient's full legal name, date of birth, and sex

32.What should the provider do if both of the patient's insurance plans pay as
primary? - ANSWER 🗸 Determine the correct payer and notify the incorrect
payer of the processing error

33.What do EMTALA regulations require on-call physicians to do? -
ANSWER 🗸 Personally appear in the emergency department and attend to
the patient within a reasonable time

34.At the end of each shift, what must happen to cash, checks, and credit card
transaction documents? - ANSWER 🗸 They must be balanced

35.What will cause a CMS 1500 claim to be rejected? - ANSWER 🗸 The
provider is billing with a future date of service

36.Under Medicare regulations, which of the following is not included on a
valid physician's order for services? - ANSWER 🗸 The cost of the test

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