Crcr unit 1 review - Study guides, Class notes & Summaries

CRCR Exam Unit 1. Latest Review Test Q&A (A+) Net Days in AR - ANSWER:Measures how fast receivables are collected. It is a trending indicator of overall A/R performance & revenue cycle efficiency. A/R Aging - ANSWER:Reports divide the AR into 30, 60, 90, and 120 day categories, based on discharge. Credit Balances - Days Outstanding - ANSWER:The dollars in credit balance at the account level divided by the three month daily average of total net patient service revenue. Credit balance...

CRCR EXAM UNIT 1(QUESTIONS AND ANSWERS) Net Days in AR - CORRECT ANSWER-Measures how fast receivables are collected. It is a trending indicator of overall A/R performance & revenue cycle efficiency. A/R Aging - CORRECT ANSWER-Reports divide the AR into 30, 60, 90, and 120 day categories, based on discharge. Credit Balances - Days Outstanding - CORRECT ANSWER-The dollars in credit balance at the account level divided by the three month daily average of total net patient service reve...

HFMA CRCR FINAL EXAM QUESTIONS WITH ALL CORRECT ANSWERS Define Revenue Cycle - CORRECT ANSWERS REVENUE CYCLE ----- is the series of events and services provided prior to, during, and after the course of treatment Departments that contribute to the Revenue Cycle. - CORRECT ANSWERS Departments that contribute to the Revenue Cycle. 1. Access 2. Health information management/ Medical records 3. Case-management 4. Patient Care Services 5. ...

CRCR Exam Unit 1. Latest Review Test Q&A (A+) Net Days in AR - ANSWER:Measures how fast receivables are collected. It is a trending indicator of overall A/R performance & revenue cycle efficiency. A/R Aging - ANSWER:Reports divide the AR into 30, 60, 90, and 120 day categories, based on discharge. Credit Balances - Days Outstanding - ANSWER:The dollars in credit balance at the account level divided by the three month daily average of total net patient service revenue. Credit balance...

CRCR Certification Exam 2023 1. Overall aggregate payments made to a hospice are subject to a computed "cap amount" calculated by The Medicare Administrative Contractor (MAC) at the end of the hospice cap period 2. Which of the following is required for participation in Medicaid Meet In- come and Assets Requirements 3. In choosing a setting for patient financial discussions, organizations should first and foremost Respect the patients privacy 4. A nightly room ch...

HFMA CRCR Pre-Service activities - Answer-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. Encounter record is generated and patient and guarantor info is obtained an...

CRCR Unit 4 (4.1 - 4.9) Post-Service - Financial Care Questions and Answers 100% correct Identify internal controls for cash handling A. The separation of cash handling procedures whereby the same person who opens and endorses the checks is not responsible for the deposit B. The establishment of internal audits by personnel outside the involved department. C. The routine use of outside auditors to track cash flow D. The routine reconciliation of daily cash against deposits, postings, and wr...

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...

CRCR Unit 2 Questions and Answers 2023 Types of Unscheduled Patients Urgent (ED) patients, Walk-in OP, Observation patients, and newborns. Resource Coordination The process of reserving rooms and/or equipment, ordering devices or supplies, and ensuring that professional staff (physicians, nurses, and/or technicians) are available for when a patient arrives. Patient Scheduling Core Concepts Patient Identification, Requested Service, Scheduling Instructions, Review and Validation...