600+ EXAM QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT) A+ GRADE ASSURED
It is important to have high registration quality standards because
a) Inaccurate or incomplete pt data will delay payment or cause denials
b) Incomplete registrations will trigger exclusion from Medicare participation
c) Inaccurate registration may cause discharge before full treatment is obtained
d) Incomplete registrations will raise satisfaction scores for the hospital -
CORRECT ANS>>A
When recovery audit contractors (RAC) identify improper payments as overpayments the
claims processing contractor must
a) Assume legal responsibility for repaying the overage amount
b) Make recovery of the overpayment the top processing priority
c) Send a demand letter to the provider to recover the over payment amount
d) Conduct an audit of all the effected providers claims within the past 12 months -
CORRECT ANS>>C
Internal controls addressing coding and reimbursement changes are put I place to guard
against
a) Underpayments
b) Denials
c) Compliance fraud by upcoding
d) Charge master error - CORRECT ANS>>C
The pt discharge process begins when
a) The physician writes the discharge orders
b) Clinical services are completed and pt accounts have all the info necessary to bill
c) The physician writes the discharge orders and the third-party payer sign-off on the
necessity of the services provided
d) Clinical services are completed, pt accounts can generated and accurate bill and
there is agreement on the handling of pt financial responsibilities -
- CORRECT ANS>>A
,Most major health plans including Medicare and Medicaid, offer
a) Toll free verification hot lines, staffed around the clock
b) Electronic and/or web portal verification
c) Pt "verification of benefits" cards
d) A grace period for obtaining verification within 72 hours of treatment -
CORRECT ANS>>B
The physician who wrote the order for an inpatient service and is in charge of the pts
treatment during admission is
a) The pts personal physician
b) The primary care physician
c) The attending physician
d) The physician pt care director - CORRECT ANS>>C
An originating site is
a) The location where the pts bill is generated
b) The location of the pt at the time the service is provided
c) The site that generates reimbursement of a claim
d) The location of the medical treatment provider - CORRECT ANS>>B
HFMA best practices stipulate that a reasonable attempt should be made to have the
financial responsibilities discussion
a) As early as possible, before a financial obligation is incurred
b) During the registration process
c) Before scheduling of services
d) No later than the evening of the day of admission -
- CORRECT ANS>>A
HFMA's pt financial communications best practices specify that pts should be told about
The types of services provided and
a) An explanation of why a specific service is not provided
b) The service providers that typically participate in the service, e.g. radiologists,
pathologists, etc.
c) A satisfaction survey regarding clinical service providers
d) The price of service to their covering health plan - CORRECT ANS>>B
,Telemed seeks to improve a pt's health by
a) Permitting 2-way real time interactive communication between the pt
and the clinical professional
b) Using high-compression fiber optics to transmit medical data
c) Providing relevant, on-demand consumer medical education
d) Providing physician access to the most current medical research -
- CORRECT ANS>>A
A large number of credit balances are not the result of overpayments but of
a) Posting errors in the pt accounting system
b) Incorrect claim submissions
c) Inadequate staff training
d) Banking transaction errors - CORRECT ANS>>A
Across all care settings, if a pt consents to a financial discussion during a medical
encounter
to expedite discharge, the HFMA best practice is to
a) Have a pt financial responsibilities kit ready for the pt containing all of the required
registration forms and instructions
b) Make sure that the attending staff can answer questions and assist in obtaining
required pt financial data
c) Support that choice, providing that the discussion does not interfere with pt care or
disrupt pt flow
d) Decline such request as finance discussions can disrupt pt care and pt flow - CORRECT
ANS>>C
The office of inspector general (OIG) publishes a compliance work plan
a) Monthly
b) Quarterly
c) Semi-annually
d) Annually - CORRECT ANS>>D
What are collection agency fees based on? - CORRECT ANS>>A percentage of dollars
collected
Self-funded benefit plans may choose to coordinate benefits using the gender rule or what
another rule? - CORRECT ANS>>Birthday
In what type of payment methodology is a lump sum or bundled payment negotiated
between the payer and some or all providers? -
- CORRECT ANS>>Case rates
, What customer service improvements might improve the patient accounts department? -
CORRECT ANS>>Holding staff accountable for customer service during performance reviews
What is an ABN (Advance Beneficiary Notice of Non-coverage) required to do? - CORRECT
ANS>>Inform a Medicare beneficiary that Medicare may not pay for the order or service