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CRCR Certification Exam 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers) $12.99   Add to cart

Exam (elaborations)

CRCR Certification Exam 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers)

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  • Course
  • Certified Revenue Cycle Representative - CRCR
  • Institution
  • Certified Revenue Cycle Representative - CRCR

CRCR Certification Exam 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers)

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  • October 31, 2024
  • 123
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Certified Revenue Cycle Representative - CRCR
  • Certified Revenue Cycle Representative - CRCR
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NurseFerian
CRCR Certification-.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/CRCR%20Certifi




CRCR Certification Exam Questions & Answers


1. The disadvantages of outsourcing include all of the following EXCEPT:

a) The impact of customer service or patient relations

b) The impact of loss of direct control of accounts receivable services

c) Increased costs due to vendor ineffectiveness

d) Reduced internal staffing costs and a reliance on outsourced staff

Answer : d) Reduced internal staffing costs and a reliance on outsourced staff



2. The Medicare fee-for service appeal process for both beneficiaries and

providers

includes all of the following levels EXCEPT:

a) Medical necessity review by an independent physician's panel

b) Judicial review by a federal district court

c) Redetermination by the company that handles claims for Medicare

d) Review by the Medicare Appeals Council (Appeals Council)

Answer : b) Judicial review by a federal district court







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3. Business ethics, or organizational ethics represent:

a) The principles and standards by which organizations operate

b) Regulations that must be followed by law

c) Definitions of appropriate customer service

d) The code of acceptable conduct

Answer : a) The principles and standards by which organizations operate



4. A portion of the accounts receivable inventory which has NOT qualified for

billing

includes:

a) Charitable pledges

b) Accounts created during pre-registration but not activated

c) Accounts coded but held within the suspense period

d) Accounts assigned to a pre-collection agency

Answer : a) Charitable pledges



5. Local Coverage Determinations (LCD) and National Coverage Determina-

tions (NCD) are

Medicare established guideline(s) used to determine:





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a) Medicare and Medicaid provider eligibility

b) Medicare outpatient reimbursement rates

c) Which diagnoses, signs, or symptoms are reimbursable

d) What Medicare reimburses and what should be referred to Medicaid

Answer : c) Which diagnoses, signs, or symptoms are reimbursable



6. Days in A/R is calculated based on the value of:

a) The total accounts receivable on a specific date

b) Total anticipated revenue minus expenses









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c) The time it takes to collect anticipated revenue

d) Total cash received to date

Answer : c) The time it takes to collect anticipated revenue



7. Patients are contacting hospitals to proactively inquire about costs and fees

prior to

agreeing to service.The problem for hospitals in providing such information is:

a) That hospitals don't want to establish a price without knowing if

the patient has insurance and how much reimbursement can be expected

b) The fact that charge master lists the total charge, not net charges

that reflect charges after a payer's contractual adjustment

c) That hospitals don't want to be put in the position of

"guaranteeing" price without having room for additional charges

that may arise in the course of treatment

d) Their reluctance to share proprietary information

Answer : b) The fact that charge master lists the total charge, not net charges

that reflect charges after a payer's contractual adjustment



8. Across all care settings, if a patient consents to a financial discussion





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