CRCR Section 1 - Revenue Cycle
Introduction Exam Questions and
Answers 100% PASS
The Revenue Cycle - CORRECT ANSWER-Includes all of the major processing
steps required to process a patient account from the request for service through
closing the account with a zero balance and purging it from the system.
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 of my notes)
* Scheduling and pre-registering
* Encounter generated
* Guarantor information is obtained/updated
* Medical Necessity screening
* Health plan coverage and benefits are verified
* Pre-Authorizations are obtained
* The cost of the scheduled service is identified and calculated
,* Calculation of copay, coinsurance, and deductibles - CORRECT ANSWER-Pre-
Service processes
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 of my notes)
* Scheduled Patients:
* A final account review is completed prior to the patient's arrival.
* Pre-registration record is activated
* Consents are signed
* Co-payments and/or other agreed upon amounts are collected.
* Positive patient identification is completed, and the patient is given an
armband
* Unscheduled Patients (Walk-ins)
* Comprehensive registration and financial processing is completed
* This process mirrors the work completed for the scheduled patients
prior to service.
* Case Management and discharge planning - CORRECT ANSWER-Time-of-
service processes
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
,1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 - 7 of my notes)
* Final coding of all services provided
* Preparation and submission of claims
* Payment processing
* Balance billing and resolution
* Account reaches a zero balance - CORRECT ANSWER-Post-Service processes
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 7 of my notes)
False - CORRECT ANSWER-Consents are signed as part of the post-service
process (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 of my notes)
True - CORRECT ANSWER-Patient service costs are calculated in the pre-service
process for scheduled patients (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
, False - CORRECT ANSWER-The patient is scheduled and registered for service is
a time-of-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
False - CORRECT ANSWER-The patient account is monitored for payment is a
time-of-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
False - CORRECT ANSWER-Case management and discharge planning services
are a post-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
False - CORRECT ANSWER-Sending the bill electronically to the health plan is a
time-of-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
to improve the way we communicate about healthcare prices. Out of these efforts
have come recommendations for all stakeholders. - CORRECT ANSWER-HFMA
convened stakeholders from across the healthcare industry to do what?
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
Introduction Exam Questions and
Answers 100% PASS
The Revenue Cycle - CORRECT ANSWER-Includes all of the major processing
steps required to process a patient account from the request for service through
closing the account with a zero balance and purging it from the system.
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 of my notes)
* Scheduling and pre-registering
* Encounter generated
* Guarantor information is obtained/updated
* Medical Necessity screening
* Health plan coverage and benefits are verified
* Pre-Authorizations are obtained
* The cost of the scheduled service is identified and calculated
,* Calculation of copay, coinsurance, and deductibles - CORRECT ANSWER-Pre-
Service processes
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 of my notes)
* Scheduled Patients:
* A final account review is completed prior to the patient's arrival.
* Pre-registration record is activated
* Consents are signed
* Co-payments and/or other agreed upon amounts are collected.
* Positive patient identification is completed, and the patient is given an
armband
* Unscheduled Patients (Walk-ins)
* Comprehensive registration and financial processing is completed
* This process mirrors the work completed for the scheduled patients
prior to service.
* Case Management and discharge planning - CORRECT ANSWER-Time-of-
service processes
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
,1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 - 7 of my notes)
* Final coding of all services provided
* Preparation and submission of claims
* Payment processing
* Balance billing and resolution
* Account reaches a zero balance - CORRECT ANSWER-Post-Service processes
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 7 of my notes)
False - CORRECT ANSWER-Consents are signed as part of the post-service
process (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 of my notes)
True - CORRECT ANSWER-Patient service costs are calculated in the pre-service
process for scheduled patients (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
, False - CORRECT ANSWER-The patient is scheduled and registered for service is
a time-of-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
False - CORRECT ANSWER-The patient account is monitored for payment is a
time-of-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
False - CORRECT ANSWER-Case management and discharge planning services
are a post-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
False - CORRECT ANSWER-Sending the bill electronically to the health plan is a
time-of-service activity (T or F)
1.1 Best Practice (Patient Centric) Revenue Cycle Overview (p. 6 -7 of my notes)
to improve the way we communicate about healthcare prices. Out of these efforts
have come recommendations for all stakeholders. - CORRECT ANSWER-HFMA
convened stakeholders from across the healthcare industry to do what?
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
