HFMA - Certified Revenue Cycle Representative Questions with Detailed Verified Answers

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HFMA - Certified Revenue Cycle
Representative Questions with Detailed
Verified Answers

Question: Learning Objective 1/2: Discuss the components of the 3 HFMA
revenue cycle initiatives collectively called Healthcare Dollars & Sense.


Ans: n/a


Question: Learning Objective 2/2: Summarize the best practices for each of
the 3 Healthcare Dollars & Sense Initiatives.


Ans: n/a


Question: Healthcare Dollars & Sense is the name given to what 3 HFMA
revenue cycle initiatives?


Ans: - Patient financial communications best practices


- Best practices for price transparency


- Medical account resolution


Question: What question does Healthcare Dollars & Sense answer for
patients and consumers?

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Ans: to help make sense of price and value in healthcare.


Question: What are the 3 components/best practices of Healthcare Dollars &
Sense


Ans: Price Transparency, Patient Financial Communications, and Medical
Account Resolution.


Question: What is the Emergency Medical Treatment and Active Labor Act
(EMTALA)?


Ans: requires ER departments to provide a medical screening examination to
any individual who comes into the ER department and requests an
examination/treatment; prohibits ER departments from refusing to examine
or treat individuals with an emergency condition.


Question: In an ED, when should you engage in financial discussions with
patients?


Ans: During the discharge process


Question: In an ED, if a patient does not have a medical condition, when
should you discuss the financial discussion?


Ans: After the medical screening, and either during the registration or
discharge process.