CSBI HFMA EXAMS SET ANSWERS AND QUESTIONS
SET A+
✔✔Role of Internal Financial Payor Experts - ✔✔Will work closely with external
counterparts. Have transparency through the collaborative discovery and sharing of
information. These professionals must increase understanding of and capabilities at
pricing contract risk.
✔✔Role of Supply Support Decisions - ✔✔Related to operational management
decisions of supply chain. Increased focus on procurement sourcing and management
of suppliers and supply lines rather than on inventory and processing orders. Supply
acquisition and equipment decisions friction contribute to inefficiency and cost.
✔✔Role of Quality Performance Improvement Specialists - ✔✔work will be performed in
direct collaboration with clinicians, decision support professionals and patient access
team members.
✔✔Role of Providers, Suppliers, and Payers - ✔✔Linked together in service of the
healthcare user. Transparency by all parties is vital to provide high value and meet need
for related costs.
✔✔Role of BI Analytics Consultants - ✔✔work in concert with nurse and physician
informaticists to unlock the big data and surface and share data.
✔✔Stakeholders - ✔✔individuals or groups or institutions likely to be affected by or who
can themselves affect the outcome of an organizations effort. Either involved in or
impacted by the work.
✔✔Stakeholder Analysis - ✔✔1-Identify Stakeholders
2-Develop profiles
3-Discern Relationships
4-Distinguish Participation Groups
, ✔✔Identify Stakeholders - ✔✔Answer Who is involved?
✔✔Develop Profiles - ✔✔General observation and simple questioning will reveal
directionally correct and useful information, help make ranking
✔✔Discern Relationship - ✔✔Determine dependencies, interconnections, power
positions, etc that will be useful when thinking about later process steps related to
priorities and participation.
✔✔Distinguish Participation - ✔✔Determine the expected attention, current and desired.
Reflected as a level of active involvement/engagement in the process and how.
✔✔CDM (Care Delivery Mapping) - ✔✔Developed to help engage analytics for health
care user-centric delivery and to drive evidence-based care decisions.
✔✔Standard Work elements - ✔✔1-rate at which work is to be performed in a process
to meet a workload
2-work sequence in which one performs tasks within at the rate determined
3-standard supplies, equipment required to keep the services rendered or process
operating smoothly.
✔✔ABC method - ✔✔Activity Based Costing
✔✔TDABC - ✔✔Time driven activity based costing
✔✔Productivity - ✔✔looking at output versus the input or application of resources
✔✔Partial Productivity - ✔✔concerned with efficiency of one characteristic. It measures
output against one specific input.
✔✔Multifactor Productivity (MFP) - ✔✔an index of output obtained from more than one
of the resources used in product/service production. It is the ratio of output to a group of
inputs, such as labor and material.
✔✔Total Productivity - ✔✔the broadest measure of productivity. concerned with the
performance of the entire organization. includes all inputs in an organization. Equals
(revenues,profits) / (all inputs)
✔✔Business Intelligence - ✔✔simplifying data to amplify meaning in relation to internal,
structured data and business processes to transform raw data into meaningful and
useful information for business purposes (operating competitiveness)
✔✔Analysis - ✔✔separation of a whole or complex idea or topic into its component
parts to gain greater understanding. Applied in the study of mathematics and logic.
SET A+
✔✔Role of Internal Financial Payor Experts - ✔✔Will work closely with external
counterparts. Have transparency through the collaborative discovery and sharing of
information. These professionals must increase understanding of and capabilities at
pricing contract risk.
✔✔Role of Supply Support Decisions - ✔✔Related to operational management
decisions of supply chain. Increased focus on procurement sourcing and management
of suppliers and supply lines rather than on inventory and processing orders. Supply
acquisition and equipment decisions friction contribute to inefficiency and cost.
✔✔Role of Quality Performance Improvement Specialists - ✔✔work will be performed in
direct collaboration with clinicians, decision support professionals and patient access
team members.
✔✔Role of Providers, Suppliers, and Payers - ✔✔Linked together in service of the
healthcare user. Transparency by all parties is vital to provide high value and meet need
for related costs.
✔✔Role of BI Analytics Consultants - ✔✔work in concert with nurse and physician
informaticists to unlock the big data and surface and share data.
✔✔Stakeholders - ✔✔individuals or groups or institutions likely to be affected by or who
can themselves affect the outcome of an organizations effort. Either involved in or
impacted by the work.
✔✔Stakeholder Analysis - ✔✔1-Identify Stakeholders
2-Develop profiles
3-Discern Relationships
4-Distinguish Participation Groups
, ✔✔Identify Stakeholders - ✔✔Answer Who is involved?
✔✔Develop Profiles - ✔✔General observation and simple questioning will reveal
directionally correct and useful information, help make ranking
✔✔Discern Relationship - ✔✔Determine dependencies, interconnections, power
positions, etc that will be useful when thinking about later process steps related to
priorities and participation.
✔✔Distinguish Participation - ✔✔Determine the expected attention, current and desired.
Reflected as a level of active involvement/engagement in the process and how.
✔✔CDM (Care Delivery Mapping) - ✔✔Developed to help engage analytics for health
care user-centric delivery and to drive evidence-based care decisions.
✔✔Standard Work elements - ✔✔1-rate at which work is to be performed in a process
to meet a workload
2-work sequence in which one performs tasks within at the rate determined
3-standard supplies, equipment required to keep the services rendered or process
operating smoothly.
✔✔ABC method - ✔✔Activity Based Costing
✔✔TDABC - ✔✔Time driven activity based costing
✔✔Productivity - ✔✔looking at output versus the input or application of resources
✔✔Partial Productivity - ✔✔concerned with efficiency of one characteristic. It measures
output against one specific input.
✔✔Multifactor Productivity (MFP) - ✔✔an index of output obtained from more than one
of the resources used in product/service production. It is the ratio of output to a group of
inputs, such as labor and material.
✔✔Total Productivity - ✔✔the broadest measure of productivity. concerned with the
performance of the entire organization. includes all inputs in an organization. Equals
(revenues,profits) / (all inputs)
✔✔Business Intelligence - ✔✔simplifying data to amplify meaning in relation to internal,
structured data and business processes to transform raw data into meaningful and
useful information for business purposes (operating competitiveness)
✔✔Analysis - ✔✔separation of a whole or complex idea or topic into its component
parts to gain greater understanding. Applied in the study of mathematics and logic.
