CPPM Cert Exam All Answers Correct

CPPM Cert Exam All Answers Correct Business and Finance What are current liabilities? Options: a. Debts that must be paid within a year; b. Debts that can be paid over several years Answer: a. Debts that must be paid within a year What is the characteristic of fixed expenses? Options: a. Will change based on revenue; b. Will not change based on revenue Answer: b. Will not change based on revenue Company Structure What is the benefit of an LLC (Limited Liability Company)? Options: a. Limited liability, but limited number of owners; b. Unlimited number of owners, unlimited liability Answer: a. Limited liability, but unlimited number of owners Healthcare Information Exchange What are the basic components of HIE (Healthcare Information Exchange)? Options: a. Governance, EMPI, security, credentialing; b. Data repository, EMPI, security, governance Answer: a. Governance, EMPI, security, credentialing Disaster Recovery What are the steps to follow in a post-disaster checklist? Options: a. Contact employees, contact landlord, contact insurance; b. Conduct salvage operations, obtain new office space, equip new office space Answer: b. Conduct salvage operations, obtain new office space, equip new office space Risk Management What is the purpose of quantitative risk analysis? Options: a. To identify and assess risks; b. To avoid and eliminate risks Answer: a. To identify and assess risks Net Collection Ratio ️Measures how well a practice collects allowable charges 3,6,19, 12 months, should fall between 90-100% (total receipts-refunds)/(total charges-contract adjustments)= New collection ratio 150,000-25,000/250,000-45,000=X 125,000/205,000=.609=61% HSA ️Health savings account---employer and employee pre-tax dollars to the account for expected medical expenses for the coming year-often set up through your employer-submit claims and receipts for reimbursement up to amount deposited. Medicare Part A ️Inpatient care, SNIF, some home health, hospice POS 20 ️Urgent Care incident-to services ️NPP's, Follow up est patients, 85% reimbursement POS 11 ️Office POS 12 ️Home POS 19 ️Off campus, outpatient hospital MDM ️Medical Decision Making, # of Dx's, Amount and complexity of data to review, risk of complications Physical Exam ️1995 Guidelines, body areas and 12 organs 1997 Guidelines, expanded for specialty specific areas and bullet shading system Components of History ️CC, HPI, ROS, Past fam med/surg history Key Complements to E/M Codes ️History, Physical Exam, Medical Decision Making HCPCS Level II ️non-physician services, supply, equipment, ambulance services, prosthetic devices, drugs CPT Cat 3 ️Temp codes, new and developing tech, procedures, and services. DATA collection, May not use CAT 1 unlisted code in lieu of Cat 3 code CPT Cat 2 ️F codes, performance measurement, future patient care, data collection about quality of care CPT Cat 1 ️, E/M, Anesthesia, Surg, Rad, Path & Lab, Medicine Code Sets ️ICD-10-CM, ICD-10-PCS, CPT, HCPCS Level II Body Language ️7% verbal, 38% tone, 55% body language Positive Results= ️Accountability+Responsibility+Pro-activity POS 32 ️nursing facility Time for credentialing provider ️90 days public healthcare systems ️Medicare, Medicaid, Veterans Health Admin, Military Healt