CSPR - CERTIFIED SPECIALIST
PAYMENT REP (HFMA) 2024 LATEST
UPDATED 350 QUESTIONS WITH
DETAILED VERIFIED AND 100%
CORRECT ANSWERS ACTUAL BRAND-
NEW EXAM
ALREADY GRADED A+
All of the following are true regarding a non-direct PPO,
EXCEPT:
A) Many providers sign such agreements, without
understanding that there is little volume promised in
exchange for any preferred rates
B) Many providers sign such agreements, without
understanding that there is no specific steerage to
contracted providers
C) The arrangements does not discount provider fees with
no incentives for patients to access the provider's services
D) Such PPO's or networks are national networks -
....ANSWER...C) The arrangements does not discount
1
,provider fees with no incentives for patients to access the
provider's services
Which fixed-rate payment method uses a single price for
an inpatient stay, outpatient procedure, or outpatient
diagnosis if charges exceed a threshold dollar amount?
A) Per diem payments
B) Carve-outs
C) Inpatient Stop-Loss
D) Case rate payments - ....ANSWER...D) Case rate
payments
RBRVS is:
A) The relative weight for calculating MS-DRG payments
B) The relative weight for calculating OPPS payments
C) Medicare physician payment relative weights
D) Acronym for Real Based Reference Verification
System - ....ANSWER...C) Medicare physician
payment relative weights
When explaining managed care, the most appropriate time
refers to:
2
,A) The least costly
B) The right amount of care provided (and will be billed
and paid for)
3
, C) Medical intervention at the earliest possible time to
prevent a bad situation from becoming unnecessarily
worse
D) The least intensive setting required to provide the care
appropriately - ....ANSWER...D) The least intensive
setting required to provide the care appropriately
Detailed contract performance assessments; negotiating-
strategy planning briefs; and financial and volume analysis
models are all:
A) Tools used to optimize contract performance
B) Key components of a typical contract audit
C) Performance evaluation tools
D) Contract evaluation criteria - ....ANSWER...A) Tools
used to optimize contract performance
The medical cost ratio is equal to the:
A) Total medical expenses divided by total premiums
B) Total Medicare payments divided by the total premiums
C) Total resource allocation costs divided by total
premiums
4
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