CPPM – Certified Physician Practice Manager (Complete Study Guide and Exam Preparation
Material)
Appointment Scheduling
Registration
Charge Capture
Billing
Denial Management
AR follow-up - correct answer ✔✔Revenue cycle process
AR (accounts receivable) - correct answer ✔✔The total charges entered that have not been
collected.
Formula to identify days in AR - correct answer ✔✔Total AR (divided by)
Total Charges/# of days for charges
Income
Expenses
Assets
Liabilities
Equity - correct answer ✔✔Most common account types in a medical office.
Recognizes revenue only when cash is collected and recognizes expenses only when cash is paid
- correct answer ✔✔Cash-based accounting method
Recognizes revenue when earned and expenses when incurred - correct answer ✔✔Accrual-
based accounting method
, Total of charges entered for services prior to contractual or other adjustments. - correct answer
✔✔Gross revenue
total of collections that is actually coming into the clinic after applying contractual adjustments
or write-offs to the gross revenue number. - correct answer ✔✔Net revenue collections
Comparison of two financial figures - correct answer ✔✔Ratio
All money that is owed to someone else - correct answer ✔✔accounts payable.
All money that is owed to the practice - correct answer ✔✔Accounts receivable
Accounting attempts to apply cost to each activity providing an accurate measure of cost and
benefit. - correct answer ✔✔Activity Based costing (ABC)
A snapshot of a business's financial condition at a specific point in time. - correct answer
✔✔Balance Sheet
A summary of a practices profit or loss during any given period, such as one month, one quarter,
or one year. - correct answer ✔✔Income statment
When reviewing payer contracts, how is the
RPV (Revenue per Visit) Calculated? - correct answer ✔✔Total collected $ for all Services
_______________________________________________
Number of Patient visits = RPV
Material)
Appointment Scheduling
Registration
Charge Capture
Billing
Denial Management
AR follow-up - correct answer ✔✔Revenue cycle process
AR (accounts receivable) - correct answer ✔✔The total charges entered that have not been
collected.
Formula to identify days in AR - correct answer ✔✔Total AR (divided by)
Total Charges/# of days for charges
Income
Expenses
Assets
Liabilities
Equity - correct answer ✔✔Most common account types in a medical office.
Recognizes revenue only when cash is collected and recognizes expenses only when cash is paid
- correct answer ✔✔Cash-based accounting method
Recognizes revenue when earned and expenses when incurred - correct answer ✔✔Accrual-
based accounting method
, Total of charges entered for services prior to contractual or other adjustments. - correct answer
✔✔Gross revenue
total of collections that is actually coming into the clinic after applying contractual adjustments
or write-offs to the gross revenue number. - correct answer ✔✔Net revenue collections
Comparison of two financial figures - correct answer ✔✔Ratio
All money that is owed to someone else - correct answer ✔✔accounts payable.
All money that is owed to the practice - correct answer ✔✔Accounts receivable
Accounting attempts to apply cost to each activity providing an accurate measure of cost and
benefit. - correct answer ✔✔Activity Based costing (ABC)
A snapshot of a business's financial condition at a specific point in time. - correct answer
✔✔Balance Sheet
A summary of a practices profit or loss during any given period, such as one month, one quarter,
or one year. - correct answer ✔✔Income statment
When reviewing payer contracts, how is the
RPV (Revenue per Visit) Calculated? - correct answer ✔✔Total collected $ for all Services
_______________________________________________
Number of Patient visits = RPV
