Hfma Certified Revenue Cycle Representative Actual Test Paper Complete Questions And Answers Full Solution

HFMA CERTIFIED REVENUE CYCLE
REPRESENTATIVE ACTUAL TEST PAPER
COMPLETE QUESTIONS AND ANSWERS
FULL SOLUTION

●● Which option is NOT a type of denial.
Answer: Contractual adjustment


●● Which option is NOT a lien type?
Answer: Subrogation


●● Which Items are required components of a financial assistance
policy?
Answer: Concise statement of the hospital's mission
Guidelines for bad debt or previous unpaid accounts
Installment arrangement guidelines
Payment Methods
A clearly defined financial assistance statement


●● Which activity is not considered when initiating self-pay follow up
and account resolution activities?
Answer: Patient Open Balance Billing

, ●● Which option is NOT a required component of a FAP?
Answer: Out of Network Providers


●● Match the title to the appropriate consumer credit protection act
component.
Answer: Truth in lending act - Title 1
Restrictions on garnishment - Title III
Fair debt collections practices act - Title VIII
Fair credit reporting Act - Title VI


●● Which is not a bankruptcy type governed by thee 1979 bankruptcy
act?
Answer: Creditor priority


●● Which evaluation criteria demonstrates reputation expectations?
Answer: The employment of staff who have documented experience
working in financial areas of health care.


●● Agency fees are:
Answer: The cost to the provider for collecting agency monies offset by
the return on baddest accounts.