HFMA Quiz | Questions with 100% Correct
Answers | Verified | Latest Update 2026
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Terms in this set (33)
Which statement is NOT a unique A patient may be balance billed for whatever
billing rule specific to providers? amount the non-contracting physician charges
above the health plan's reimbursement amount.
The correct way to handle the Follow the contractual agreement between the
retention and payment of agency agency and the provider as to how monies sent to
fees is: the agency will be handled.
Collection results are: Accurately calculated to demonstrate the actual
recovery percentage rate.
(True or False) Vendor absorbs some True
financial risk based on "efficiency"
factor..
Which option is NOT a main HFMA Process Compliance
Healthcare Dollars & Sense® revenue
cycle initiative?
Which of these statements describes Net patient service revenue is defined as the total
the new methodology for the incurred charges, less the explicit price
determination of net patient service concession, less any applicable implicit price
revenue: concession(s) as applied to the specific portfolio of
accounts.
, Which option is NOT a HFMA best Coordinate the resolution of bad debt accounts
practice? with a law firm
Patient relations include: The ability to sensitively deal with patients or
individuals while managing collection efficiency.
Which option is NOT a type of Contractual Adjustment
denial?
Which concept is NOT a contracted Stop-Loss Provision
payment model?
True or False: The following False
statement represents an advantage
of outsourcing:
Agency fees are: The cost to the provider for collection agency
monies offset by the return on bad debt accounts.
In what manner do case managers Providing assistance with written appeals to health
assist revenue cycle staff? plans related to utilization and other care issues.
In order to promote the use of The Correct Coding Initiative (CCI)
correct coding methods on a
national basis and prevent payment
errors due to improper coding, CMS
developed what?
What do business/organizational Principles and standards by which organizations
ethics represent? operate
Answers | Verified | Latest Update 2026
Save
Terms in this set (33)
Which statement is NOT a unique A patient may be balance billed for whatever
billing rule specific to providers? amount the non-contracting physician charges
above the health plan's reimbursement amount.
The correct way to handle the Follow the contractual agreement between the
retention and payment of agency agency and the provider as to how monies sent to
fees is: the agency will be handled.
Collection results are: Accurately calculated to demonstrate the actual
recovery percentage rate.
(True or False) Vendor absorbs some True
financial risk based on "efficiency"
factor..
Which option is NOT a main HFMA Process Compliance
Healthcare Dollars & Sense® revenue
cycle initiative?
Which of these statements describes Net patient service revenue is defined as the total
the new methodology for the incurred charges, less the explicit price
determination of net patient service concession, less any applicable implicit price
revenue: concession(s) as applied to the specific portfolio of
accounts.
, Which option is NOT a HFMA best Coordinate the resolution of bad debt accounts
practice? with a law firm
Patient relations include: The ability to sensitively deal with patients or
individuals while managing collection efficiency.
Which option is NOT a type of Contractual Adjustment
denial?
Which concept is NOT a contracted Stop-Loss Provision
payment model?
True or False: The following False
statement represents an advantage
of outsourcing:
Agency fees are: The cost to the provider for collection agency
monies offset by the return on bad debt accounts.
In what manner do case managers Providing assistance with written appeals to health
assist revenue cycle staff? plans related to utilization and other care issues.
In order to promote the use of The Correct Coding Initiative (CCI)
correct coding methods on a
national basis and prevent payment
errors due to improper coding, CMS
developed what?
What do business/organizational Principles and standards by which organizations
ethics represent? operate
