100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Exam-CNML Exam| 175 Test Questions and Answers Rated A+ $14.49   Add to cart

Exam (elaborations)

Exam-CNML Exam| 175 Test Questions and Answers Rated A+

 3 views  0 purchase
  • Course
  • CNML
  • Institution
  • CNML

Exam-CNML Exam| 175 Test Questions and Answers Rated A+

Preview 4 out of 35  pages

  • September 10, 2024
  • 35
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CNML
  • CNML
avatar-seller
GOLDTUTORS
Exam-CNML Exam| 175 Test Questions and Answers
Rated A+
DRGs CORRECT ANS-Diagnostic-Related Groups: payment rate based on specific diagnoses




Prospective Payment System CORRECT ANS-Used by Medicare-participating hospitals:

pretreatment diagnosis billings based on DRGs; rate decided ahead of time between

insurance companies and hospitals




Exclusive Provider CORRECT ANS-Used by HMO's: insurance coverage for contracted

providers or institutions




HMOs CORRECT ANS-Health maintenance organizations: comprehensive healthcare to

people who pay a fee for a fixed period of time




Capitation CORRECT ANS-Fixed rate paid to provider per member per month for healthcare

services; set fee paid by insurance company per month for all the patient needs




PPOs CORRECT ANS-Preferred provider organizations: special reduced rate for services

when customers use certain providers approved by the insurance company; usually fee-for-

service

, Exam-CNML Exam| 175 Test Questions and Answers
Rated A+

IPAs CORRECT ANS-Individual provider arrangements: provide care in their offices for

prepaid plans; coalition of physicians who serve HMO patients and third-party patients




Fulltime FTE Hours CORRECT ANS-2080 hours (1.0 @ 40 hours per week)




Capital Expenses CORRECT ANS-Long-term equipment or physical purchases: usually over

$500-$1000 that will last years and depreciate over time and be used multiple times




Zero-Based Budget CORRECT ANS-With each new budget (i.e. fiscal year), it is determined

which programs/areas get money; no historical context is used; may rank packages and then

only fund top-ranked ones; can be time-consuming way to create a budget




Variance Calculation & Reminders CORRECT ANS-Variance $ /Budgeted $ X 100 = %

difference; contract staff on separate line of budget; many staff sick costs more than a few

staff on LOA

, Exam-CNML Exam| 175 Test Questions and Answers
Rated A+
Cost of Nursing Services Calculation CORRECT ANS-Nurse Time X (Avg. RN Hourly Rate +

Benefits + Indirects) = Total Nursing Cost per DRG




General Nurse Staffing Calculation CORRECT ANS-# of RNs needed X days open / # days

worked per RN




FTE Definition & Calculation CORRECT ANS-Full-time equivalent = full-time employee paid

for 1 year




FTE = (Hours per shift X # of days worked) / 40 hours




Fixed Costs CORRECT ANS-Stay the same no matter the census: manager salaries, keeping

phones on, rent, etc.




Variable Costs CORRECT ANS-Change with census and how much staffing is used




Net Revenue Calculation CORRECT ANS-Gross Revenue - Deductions from Revenue (DRGs

and the Contractual allowances paid by insurance companies)

, Exam-CNML Exam| 175 Test Questions and Answers
Rated A+

UAP CORRECT ANS-Unlicensed assistive personnel (CNA's)




ADC CORRECT ANS-Average daily census (patients in a bed at midnight)




Total Patient Days Calculation CORRECT ANS-ADC X Days open per year (for SCH - ADC X

365)




Nurse Hours Per Patient Day (HPPD) Calculation CORRECT ANS-Total Direct Care Hours /

Total Patient Days = # of RN hours needed to provide care for a pt. for 24 hours.




For example - for 12 hour staff and 12 workers each shift you multiply 12 staff X 2 shifts = 24

staff X 12 hours each = 288 divided by midnight census of 31 = NHPPD




VBP CORRECT ANS-Value-based purchasing: how CMS determines how much to reimburse

a hospital for care (benchmarked standards and how they are meeting it); quality of care &

following best practice & patient experience

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GOLDTUTORS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76658 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.49
  • (0)
  Add to cart