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Exam (elaborations)

CPPM Cert Exam All Answers Correct

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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...

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  • July 18, 2024
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  • 2023/2024
  • Exam (elaborations)
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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 ✔️00100-99499, 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

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