Hfma healthcare dollars Study guides, Class notes & Summaries
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![HFMA - Certified Revenue Cycle Representative Test | Questions with 100% Correct Answers | Verified | Latest Update 2024](/docpics/3969884/656fb3ad671aa_3969884_121_171.jpeg)
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HFMA - Certified Revenue Cycle Representative Test | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 4 pages • 2023
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Healthcare Dollars & Sense is the name given to what 3 HFMA revenue cycle initiatives? - 
- Patient financial communications best practices 
- Best practices for price transparency 
- Medical account resolution 
What question does Healthcare Dollars & Sense answer for patients and consumers? - to help make 
sense of price and value in healthcare. 
What are the 3 components/best practices of Healthcare Dollars & Sense - Price Transparency, 
Patient Financial Communications, and Medical Account R...
![HFMA - Certified Revenue Cycle Representative questions with correct answers](/docpics/2917620/648eeac502f0a_2917620_121_171.jpeg)
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HFMA - Certified Revenue Cycle Representative questions with correct answers
- Exam (elaborations) • 6 pages • 2023
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Learning Objective 1/2: Discuss the components of the 3 HFMA revenue cycle initiatives collectively called Healthcare Dollars & Sense. - Answer n/a 
 
Learning Objective 2/2: Summarize the best practices for each of the 3 Healthcare Dollars & Sense Initiatives. - Answer n/a 
 
Healthcare Dollars & Sense is the name given to what 3 HFMA revenue cycle initiatives? - Answer - Patient financial communications best practices 
- Best practices for price transparency 
- Medical account resolution...
![HFMA - Certified Revenue Cycle Representative exam 2024 with 100% correct answers](/docpics/4504214/65cd141326c18_4504214_121_171.jpeg)
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HFMA - Certified Revenue Cycle Representative exam 2024 with 100% correct answers
- Exam (elaborations) • 5 pages • 2024
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Learning Objective 1/2: Discuss the components of the 3 HFMA revenue cycle initiatives collectively called Healthcare Dollars & Sense. - correct answer n/a 
 
Learning Objective 2/2: Summarize the best practices for each of the 3 Healthcare Dollars & Sense Initiatives. - correct answer n/a 
 
Healthcare Dollars & Sense is the name given to what 3 HFMA revenue cycle initiatives? - correct answer - Patient financial communications best practices 
- Best practices for price transparency 
- Medical ...
![CRCR Unit 1 (1.1 - 1.4) Rev Cycle in Healthcare with Complete Solutions.](/docpics/5212473/66395ae218b0a_5212473_121_171.jpeg)
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CRCR Unit 1 (1.1 - 1.4) Rev Cycle in Healthcare with Complete Solutions.
- Exam (elaborations) • 10 pages • 2024
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Patient-Centric Revenue Cycle - ANSWER-The major processing steps required for a request for service through closing the account at zero balance. 
 
Pre-Service - ANSWER-Scheduled & pre-registered pt.,cost est., data colleted 
 
Time-Of-Service - ANSWER-Scheduled & Unscheduled-caser mgmt. & discharge, consents, pt is id'd, copay & amt collected, pre reg record activated.Unsched pt have comprehensive regis & financial processing 
 
Post-Service - ANSWER-After pt is discharged-bill to healthplan,...
![CRCR Exam Prep question and answers, rated A+| latest update 2024/25|](/docpics/5324434/664619351dacd_5324434_121_171.jpeg)
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CRCR Exam Prep question and answers, rated A+| latest update 2024/25|
- Exam (elaborations) • 35 pages • 2024
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CRCR Exam Prep question and answers, 
rated A+ 
HFMA - Healthcare Financial Management Association 
Revenue Cycle Overview: What are the 3 segments? - Pre-Service, Time of Service, Post-Service 
Scheduling is part of which segment of the Revenue Cycle? - Pre-service 
Patient-Centric Revenue Cycle - 1) Engaged Consumer 
2) Engaged Patient 
3) Satisfied Customer 
Healthcare Dollars & Sense - 1) Price Transparency 
2) Patient Financial Communications 
3) Medical Account Resolution 
Need for Pric...
![HFMA - Certified Revenue Cycle Representative 36 Questions with 100% Correct Answers | Verified | Latest Update](/docpics/3668395/6534039d76f68_3668395_121_171.jpeg)
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HFMA - Certified Revenue Cycle Representative 36 Questions with 100% Correct Answers | Verified | Latest Update
- Exam (elaborations) • 5 pages • 2023
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- $5.99
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Learning Objective 1/2: Discuss the components of the 3 HFMA revenue cycle initiatives collectively called Healthcare Dollars & Sense. - ️️n/a 
 
Learning Objective 2/2: Summarize the best practices for each of the 3 Healthcare Dollars & Sense Initiatives. - ️️n/a 
 
Healthcare Dollars & Sense is the name given to what 3 HFMA revenue cycle initiatives? - ️️- Patient financial communications best practices 
- Best practices for price transparency 
- Medical account resolution 
 
What ...
![HFMA CRCR REVIEW QUESTIONS WITH CORRECT ANSWERS 2023-2024](/docpics/3738078/654152078bbe0_3738078_121_171.jpeg)
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HFMA CRCR REVIEW QUESTIONS WITH CORRECT ANSWERS 2023-2024
- Exam (elaborations) • 7 pages • 2023
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HFMA CRCR REVIEW QUESTIONS WITH 
CORRECT ANSWERS 
Which option is NOT a main HFMA Healthcare Dollars and Sense revenue cycle 
initiative? 
A) Patient Financial Communications 
B) Medical Account Resolution 
C) Price Transparency 
D) Process Compliance - CORRECT ANSWER-D) Process Compliance 
Approximately what ______% of billing information is obtained during the registration 
process (Patient Access). - CORRECT ANSWER-40% 
What is the objective of the HCAHPS initiative? 
A) To conduct evalua...
![CRCR Exam Unit 1questions and answers Net Days in AR - Measures how fast receivables](/docpics/3517805/6515680b22fa0_3517805_121_171.jpeg)
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CRCR Exam Unit 1questions and answers Net Days in AR - Measures how fast receivables
- Exam (elaborations) • 7 pages • 2023
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Net Days in AR - Measures how fast receivables are collected. It is a trending indicator 
of overall A/R performance & revenue cycle efficiency. 
A/R Aging - Reports divide the AR into 30, 60, 90, and 120 day categories, based on 
discharge. 
Credit Balances - Days Outstanding - The dollars in credit balance at the account level 
divided by the three month daily average of total net patient service revenue. Credit 
balances should be resolved timely and should be benchmarked at <1% of the day...
![HFMA - Certified Revenue Cycle Representative Questions With Complete Solutions](/docpics/3688478/6538116de5b32_3688478_121_171.jpeg)
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HFMA - Certified Revenue Cycle Representative Questions With Complete Solutions
- Exam (elaborations) • 7 pages • 2023
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- $10.99
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Learning Objective 1/2: Discuss the components of the 3 HFMA revenue cycle initiatives collectively called Healthcare Dollars & Sense. correct answer: n/a 
 
Learning Objective 2/2: Summarize the best practices for each of the 3 Healthcare Dollars & Sense Initiatives. correct answer: n/a 
 
Healthcare Dollars & Sense is the name given to what 3 HFMA revenue cycle initiatives? correct answer: - Patient financial communications best practices 
- Best practices for price transparency 
- Medical ...
![HFMA CRCR EXAM LATEST EXAM 170+ QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS](/docpics/5183589/66353b0fc6596_5183589_121_171.jpeg)
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HFMA CRCR EXAM LATEST EXAM 170+ QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS
- Exam (elaborations) • 33 pages • 2024
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HFMA CRCR EXAM LATEST EXAM 170+ QUESTIONS AND 
CORRECT ANSWERS(VERIFIED ANSWERS) 
Pre-Service activities 1. Requested service is screened for med necessity, health 
coverage/benefits verified, preauthorization obtained and estimate to patient oop costs generated 
within guidelines of NSA and state regulations. 
2. Patient notified of financial responsibility including copayment and health plan deductibles, 
eligibility of financial assistance assessed. 
3. Patient is scheduled 
4. Encounte...
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