Which of the following statements are true of The best practices were developed specifically to help patients
HFMA's Patient Financial Communications Best understand the cost of services, their individual insurance benefits, and
Practices? their responsibility for balances after insurance , if any.
3 multiple choice options
The patient experience includes all of the The average number of positive mentions received by the health
following except: system or practice and the public comments refuting unfriendly posts
on social media sites.
3 multiple choice options
Corporate compliance programs play an All of the above.
important role in protecting the integrity of
3 multiple choice options
operations and ensuring compliance with federal
and state requirements.
The Code of Conduct is:
Specific to Medicare fee-for-service patients, Public health service programs, Federal grant programs, veteran affairs
which of the following payers have always been programs, black lung program services and work-related injurie and
liable for payment? accidents (workers' compensation claims).
3 multiple choice options
Provider policies and procedures should be in a. All of the above.
place to reduce the risk of ethics violations. 3 multiple choice options
Examples of ethics violations include:
, The pre-registration record is activated during time-of-service activities.
2 multiple choice options
Providers are now being reimbursed with a focus To eliminate duplicate services, prevent medical errors and ensure
on the value of the services provided, rather than appropriateness of care.
volume, which requires collaboration among
3 multiple choice options
providers.
What is the intended outcome of collaborations
made through an ACO delivery system for a
population of patients?
Historically, revenue cycle has dealt with Explicit price concessions and implicit price concessions.
contractual adjustments, bad debt and charity
3 multiple choice options
deductions from gross revenue. Although
deductions continue to exist, the definition of net
revenue has been modified through the
implementation of ASC 606. Developed by the
Financial Accounting Standards Board (FASB), this
change became effective in 2018.
What is the new terminology now employed in the
calculation of net patient service revenues?
HFMA's Patient Financial Communications Best understand the cost of services, their individual insurance benefits, and
Practices? their responsibility for balances after insurance , if any.
3 multiple choice options
The patient experience includes all of the The average number of positive mentions received by the health
following except: system or practice and the public comments refuting unfriendly posts
on social media sites.
3 multiple choice options
Corporate compliance programs play an All of the above.
important role in protecting the integrity of
3 multiple choice options
operations and ensuring compliance with federal
and state requirements.
The Code of Conduct is:
Specific to Medicare fee-for-service patients, Public health service programs, Federal grant programs, veteran affairs
which of the following payers have always been programs, black lung program services and work-related injurie and
liable for payment? accidents (workers' compensation claims).
3 multiple choice options
Provider policies and procedures should be in a. All of the above.
place to reduce the risk of ethics violations. 3 multiple choice options
Examples of ethics violations include:
, The pre-registration record is activated during time-of-service activities.
2 multiple choice options
Providers are now being reimbursed with a focus To eliminate duplicate services, prevent medical errors and ensure
on the value of the services provided, rather than appropriateness of care.
volume, which requires collaboration among
3 multiple choice options
providers.
What is the intended outcome of collaborations
made through an ACO delivery system for a
population of patients?
Historically, revenue cycle has dealt with Explicit price concessions and implicit price concessions.
contractual adjustments, bad debt and charity
3 multiple choice options
deductions from gross revenue. Although
deductions continue to exist, the definition of net
revenue has been modified through the
implementation of ASC 606. Developed by the
Financial Accounting Standards Board (FASB), this
change became effective in 2018.
What is the new terminology now employed in the
calculation of net patient service revenues?
