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CRCR 4 - Post-Service Financial Care - Quiz Combo Questions & Answers 2024 ( A+ GRADED 100% VERIFIED) $8.99   Add to cart

Exam (elaborations)

CRCR 4 - Post-Service Financial Care - Quiz Combo Questions & Answers 2024 ( A+ GRADED 100% VERIFIED)

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CRCR 4 - Post-Service Financial Care - Quiz Combo Questions & Answers 2024 ( A+ GRADED 100% VERIFIED)

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  • August 28, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CRCR
  • CRCR
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janenurse
CRCR 4 - Post-Service Financial Care -
Quiz Combo
Credit balances may be created by any of the following activities except:



(Pre-Test 4)



Credits to pharmacy charges posted before the claim final bills.

3 multiple choice options




Which of the following statements represent common reasons for inpatient claim denials?



(Pre-Test 4)



Failure to obtain a required pre-authorization; failure to complete a continued stay authorization

and services provided which were not medically necessary.

3 multiple choice options




A 68-year-old patient, a Medicare beneficiary, was in a car accident. A medical insurance claim

was filed with the auto insurance carrier. Six months later this claim remains unpaid.



How can the provider pursue payment from Medicare?



(Pre-Test 4)

,The provider must first bill the auto insurer; however, after a period of 120 days, if the claim

remains unpaid, the provider may cancel the liability claim and bill Medicare.

3 multiple choice options




The difference between bad debt and financial assistance (charity) is:



(Pre-Test 4)



Bad debt represents a refusal to pay; charity represents an inability to pay.

3 multiple choice options




In order to qualify for financial assistance, a patient or guarantor should:



(Pre-Test 4)



Provide the following documents: prior year tax return, employment check stubs from the prior

three months and bank statements from the prior three months.

3 multiple choice options




To comply with the requirements of Section 501(r) for tax-exempt hospitals chartered as 510(c)3

providers, the hospital must complete with of the following activities:



(Pre-Test 4)



A community needs assessment.

, 3 multiple choice options




The three types of bankruptcy as defined in the 1979 Bankruptcy Act are:



(Pre-Test 4)



Chapter 7 - Straight Bankruptcy, Chapter 11 - Debtor Reorganization, and Chapter 13 - Debtor

Rehabilitation

3 multiple choice options




Which of the following medical debt collection practices are recommended as part of HFMA's Best

Practices for medical account resolution:



(Pre-Test 4)



Establish policies and ensure that they are followed.

3 multiple choice options




Organizations may opt to contract with or outsource to specific vendors for some or all

components of revenue cycle processing. This practice has both advantages and disadvantages.



Which of the following statements is not an advantage of utilizing an outsourcing vendor?



(Pre-Test 4)

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