ACCURATE SOLUTIONS
The 501(r) regulations require not-for-
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profit providers 501(c) (3) to do which of the following activities?
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A. Complete a community needs assessment and develop a discount program for patient balance
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s after insurance payment.
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B. Pursue extraordinary collection activities with all patients eligible for financial assistance.
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C. Implement a financial assistance program for uninsured and underinsured patients.
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D. Discount all charges to self-pay patients to an amount generally billed to all other patients. -
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answersA. Complete a community needs assessment and develop a discount program for patient
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balances after insurance payment rh rh rh
The accurate capture of charges remains critically important because:
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A. Of the potential of fraud and abuse charges from erroneous billing.
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B. Charges remain one of the few consistent indicators available to monitor resource use.
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C. Charges are means of measuring physician productivity.
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D. Charges provide the data used in activity based costing. -
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answersB. Charges remain one of the few consistent indicators available to monitor resource use
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The ACO investment model will test the use of pre-paid shared savings to:
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A. Invest in treatment protocols that reduce costs to Medicare
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B. Attract physicians to participate in the ACO payment system.
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C. Raise quality ratings in designated hospitals.
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D. Encourage new ACOs to form in rural and underserved areas. -
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answersD. Encourage new ACOs to form in rural and underserved areas
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,Across all care settings, if a patient consents to a financial discussion during a medical encounter to
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expedite discharge, the HFMA best practice is to:
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A. Have a patient financial responsibilities kit ready for the patient, containing all of the required re
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gistration forms and instructions. rh rh rh
B. Make sure that the attending staff can answer questions and assist in obtaining required patient
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financial data. rh
C. Support that choice, providing that the discussion does not interfere with patient care or disrup
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t patient flow.
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D. Decline such request as finance discussions can disrupt patient care and patient flow. -
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answersC. Support that choice, providing that the discussion does not interfere with patient care
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or disrupt patient flow
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Activities completed when the scheduled, pre-registered patient arrives for service includes:
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A. Verifying insurance, activating the record and directing the patient to the service area.
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B. Scanning the driver's license or other phot identification and directing the patient to the financi
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al counselor.
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C. Activating the record, obtaining signatures and finalizing financial issues.
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D. Registering the patient and directing the patient to the service area. -
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answersC. Activating the record, obtaining signatures and
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The activity which results in the accurate recording of patient bed and level of care assessment, pa
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tient transfer and patient discharge status on a real-time basis is known as:
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A. Utilization review
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B. Case Management
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C. Census Management
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D. Patient through-put - answersA. Utilization review
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or rh
B. Case Management
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An advantage of a pre-registration program is:
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A. The markets value of such a program
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,B. The ability to eliminate no-show appointments.
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C. The opportunity to reduce processing times at the time of service.
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D. The opportunity to reduce corporate compliance failures within the registration process. -
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answersC. The opportunity to reduce processing times at the time of service.
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The Affordable Care Act legislated the development of Health Insurance Exchanges, where indivi
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duals and small businesses can:rh rh rh rh
A. Obtain price estimates for medical services
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B. Negotiate the price of medical services with providers
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C. Purchase qualified health benefit plans regardless of insured's health status
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D. Meet federal mandates for insurance coverage and obtain the corresponding tax deduction -
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answersC. Purchase qualified health benefit plans regardless of insured's health status.
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All of the following are conditions that disqualify a procedure or service from being paid for by Me
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dicare EXCEPT: rh
A. Offered in an outpatient setting
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B. Medically unnecessary
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C. Not delivered in a Medicare licensed care setting.
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D. Services and procedures that are custodial in nature -
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answersC. Not delivered in a Medicare licensed care setting
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All of the following are reference resources used to help guide in the application for business ethic
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s EXCEPT:
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A. Consumer satisfaction reports
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B. Mission & Value Statements
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C. Code of Ethics / Code of Conduct
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D. Compliance Office & Policies - answersA. Consumer satisfaction reports
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All of the following are steps in safeguarding collections EXCEPT:
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A. Placing collections in a lock-box for posting review the next business day.
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, B. Posting the payment to the patient's account
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C. Completing balancing activities
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D. Issuing receipts - answersA. Placing collections in a lock-
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box for posting review the next business day
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All of the following are steps in verifying insurance EXCEPT:
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A. Sequencing plans involved in a coordination of benefits (COB) situation.
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B. The patient signing the statement of financial responsibility.
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C. Identifying and documenting the patient's health plan benefits
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D. Confirming the patient's eligibility for benefits -
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answersB. The patient signing the statement of financial responsibility
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All of the following information is used to identify a patient EXCEPT:
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A. Date of Birth
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B. Gender
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C. Social Security Number
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D. Address - answersD. Address
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All of the following information should be reviewed as part of schedule finalization EXCEPT:
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A. The estimated patient financial obligations
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B. The service to be provided
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C. The arrival time and procedure time
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D. The patient's preparation instructions - answersA. The estimated patient financial obligations
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Ambulance services are billed directly to the health plan for : rh rh rh rh rh rh rh rh rh rh
A. All pre-admission emergency transports
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B. Transport deemed medically necessary by the attending paramedic-ambulance crew
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C. Services provided before a patient is admitted and for ambulance rides arranged to pick up the p
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atient from the hospital after discharge to take him/her home or to another facility
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