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CSPR - Certified Specialist Payment Rep (HFMA) Study Guide

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CSPR - Certified Specialist Payment Rep (HFMA) Study Guide Steps used to control costs of managed care include: - Answer-Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify - Answer-Inpatient admissions for the purpose of reimbursing hospitals fo...

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  • October 15, 2024
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  • 2024/2025
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  • 2024/2025
  • 2024/2025
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EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED. FIRST PUBLISH OCTOBER 2024.




CSPR - Certified Specialist Payment Rep
(HFMA) Study Guide

Steps used to control costs of managed care include: - Answer✔✔-Bundled codes


Capitation


Payer and Provider to agree on reasonable payment


DRG is used to classify - Answer✔✔-Inpatient admissions for the purpose of reimbursing

hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual

costs incurred


Identify the various types of private health plan coverage - Answer✔✔-HMO


Conventional


PPO and POS


HDHP/SO plans - high-deductible health plans with a savings option; Private - Include higher

patient out-of-pocket expenditures for treatments that can serve to reduce utilization/costs.


Managed care organizations (MCO) exist primarily in four forms: - Answer✔✔-Health

Maintenance Organizations (HMO)


Preferred Provider Organizations (PPO)



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Point of Service (POS) Organizations


Exclusive Provider Organizations (EPO)


Identify the various types of government-sponsored health coverage: - Answer✔✔-Medicare -

Government; Beneficiaries enrolled in such plans, but, participation in these


plans is voluntary.


Medicaid


Medicaid Managed Care - Medicaid beneficiaries are required to select and enroll in a managed

care plan.


Medicare Managed Care (a.k.a. Medicare Advantage Plans)


Identify some key drivers of increasing healthcare costs - Answer✔✔-Demographics


Chronic Conditions


Provider payment systems - Provider payment systems that are designed to reward volume

rather than quality, outcomes, and prevention


Consumer Perceptions


Health Plan pressure


Physician Relationships


Supply Chain


Health Maintenance Organizations (HMO) - Answer✔✔-Referrals

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PCP


Patients must use an in-network provider for their services to be covered.


Reimbursement - majority of services offered are reimbursed through capitation payments

(PMPM)


Medicare is composed of four parts: - Answer✔✔-Part A - provides inpatient/hospital, hospice,

and skilled nursing coverage


Part B - provides outpatient/medical coverage


Part C - an alternative way to receive your Medicare benefits (known as Medicare


Advantage)


Part D - prescription drug coverage


HMO Act of 1973 - Answer✔✔-The HMO Act of 1973 gave federally qualified HMOs the right to

mandate that employers offer their product to their employees under certain conditions.

Mandating an employer meant that employers who had 25 or more employees and were for-

profit companies were required to make a dual choice available to their employees.


Which of the following statements regarding employer-based health insurance in the United

States is true? - Answer✔✔-The real advent of employer-based insurance came through Blue

Cross, which was started by hospital associations during the Depression.




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The Health Maintenance Organization (HMO) Act of 1973 gave qualified HMOs the right to

"mandate" an employer under certain conditions, meaning employers: - Answer✔✔-Would

have to offer HMO plans along side traditional fee-for-service medical plans.


Which of the following is an anticipated change in the relationships between consumers and

providers? - Answer✔✔-Providers will face many new service demands and consumers will have

virtually unfettered access to those services


What transition began as a result of the March 2010 healthcare reform legislation? -

Answer✔✔-A transition toward new models of health care delivery with corresponding changes

system financing and provider reimbursement.


Which statement is false concerning ABNs? - Answer✔✔-ABN began establishing new

requirements for managed care plans participating in the Medicare program.


Which Statement is TRUE concerning ABNs? - Answer✔✔--ABNs are not required for services

that are never covered by Medicare.


-An ABN form notifies the patient before he or she receives the service that it may not be


covered by Medicare and that he or she will need to pay out of pocket.


-Although ABNs can have significant financial implications for the physician, they also


serve an important fraud and abuse compliance function.


What is the overall function of Medicaid? - Answer✔✔-The pay for medical assistance for

certain individuals and low-income families

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