2026 QUESTIONS WITH ANSWERS GRADED
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◉ Components of financial education include informing the patient
of the hospital's financial policies, assessing the patient's ability to
pay and. Answer: Reviewing payment alternatives with the patient
so appropriate resolution of the health care financial obligation is
achieved
◉ HFMA best practices indicate that the technology evaluation is
conducted to. Answer: Continually align technology with processes
rather than technology dictating processes
◉ Scheduler instructions are used to prompt the scheduler to.
Answer: Complete the scheduling process correctly based on service
requested
◉ When billing Rural Health Clinic services on a UB-04/837-I,
specific CPT codes are collapsed into a single revenue code (520 or
521). Although codes are collapsed into a single revenue code, it is
still important to list the appropriate CPT codes as part. Answer:
These codes will be used to determine medical necessity and useful
in determining what happened during the encounter
,◉ What is likely to occur if credit balances are not identified
separately from debit balances in accounts receivable?. Answer: The
accounts receivable level would be understated
◉ The process of verifying health insurance coverage, identifying
contract terms, and obtaining total charges is known as. Answer:
insurance verification and reimbursable charges
◉ Unless the patient encounter is an emergency, it is more efficient
and effective to. Answer: Collect all information after the patient has
been discharged
◉ Applying the contracted payment amount to the amount of total
charges yields. Answer: A pricing agreement
◉ "Hard-coded" is the term used to refer to. Answer: Codes for
services, procedures, and drugs automatically assigned by the
charge master
◉ The advantages to using a third-party collection agency include all
of the following EXCEPT. Answer: Providers pay pennies on each
dollar collected
◉ Which of the following is usually covered on a Conditions of
Admission form. Answer: Release of information
, ◉ The 501(r) regulations require not-for-profit providers
(501(c)(3) organizations) to do which of the following activities..
Answer: Complete a community needs assessment and develop a
discount program for patient balances after insurance payment
◉ To be eligible for Medicaid, an individual must. Answer: meet
income and asset requirements
◉ Eliminating mail time and reducing data entry time, electronically
monitoring the receipt of claims and online claim adjudication, more
prompt payment are all benefits achieved by. Answer: The electronic
submission of claims using electronic transfers
◉ There are unique billing requirements based on. Answer: The
provider type
◉ The unscheduled "direct" admission represents a patient who:.
Answer: Is admitted from a physician's office on an urgent basis
◉ In resolving medical accounts, a law firm may be used as:. Answer:
A substitute for a collection agency