CHC Auditing & Monitoring (1) questions with correct answers

True or False: Risk Management aligns with Quality Management in determining measures for risk avoidance and prevention - Answer TRUE Your organization recently completed a contemporaneous audit of laboratory billing practices and found that copays have been written off. Which of the following should be your next step? a. Talk to the billing department to see why this is happening b. Conduct a retrospective audit to see if this occurred in the past c. Self-disclose this issue to limit the chance of a qui-tam suit d. Fire the employee so the problem goes away - Answer a. Talk to the billing department to see why this is happening The billing manager was conducting a contemporaneous review and found what could be a significant error. The billing manager contacts you and you then subsequently contact your in-house legal counsel. Which of the following statements are False? a. Because of the False Claims Act, your in-house counsel advises you that the retrospective audit will need to cover a minimum of 6 years to a maximum of 10 years. b. If you do not refund the Medicare overpayments, you could be charged with a federal felony under the Social Security Act. c. A contemporaneous review that was done by the billing manager would be covered under the attorney-client privilege. d. You are asked to perform a statistical sample of the population. You need to know that a larger sample size will be required if the variation