Hfma set 1 Study guides, Class notes & Summaries
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Healthcare Financial Management Association (HFMA-) A+ Guaranteed.
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HFMA terms (A+ Graded)
Healthcare Financial Management Association (HFMA 2) A+ Graded Already.
HFMA s CSAF 2021, Certified Specialist Accounting and Finance (With Correct Answers 100%)
Healthcare Financial Management Association (HFMA-CRCR) ALL ANSWERS ARE 100% CORRECT.
Healthcare Financial Management Association (HFMA- Set 1) ALL CORRECTLY ANSWERE
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HFMA SET 1 Latest Updated
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Define Revenue Cycle - ANSWER-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. - ANSWER-Departments that contribute to the Revenue Cycle. 
 
 
1. Access 
 2. Health information management/ Medical records 
3. Case-management 
4. Patient Care Services 
5. Patient Financial Services 
 
What led the creation of revenue management services? - ANSWER-The emphasis on the revenue c...
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1.2 Healthcare Dollars and Sense Questions and Answers 2023
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1.2 Healthcare Dollars and Sense Questions and Answers 2023 
What are the 3 HFMA initiative in Healthcare Dollars and Sense (HD&S)? 
Purpose of HD&S? 
Method of HD&S? 
 
What is HFMA's adopter program? 
(1) Price transparency 
(2) Patient financial communication/discussion (PFC/PFD) best practices 
(3) Medical account resolution (back end) 
 
PURPOSE: aims to make sense of price and value in healthcare (because patients, consumers, employers, insurers, and public officials want to understand an...
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HFMA test 4 Questions Answered 100% correct, updated latest 2023
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HFMA test 4 Questions Answered 100% correct, updated latest 2023 
Strategic Planning Process includes: 
Strategic Planning Process includes: 
 
Identifying the organization's current position, including its mission, vision, and long-term goals. 
Conducting an internal and external assessment and comparing the organization's condition against those findings. This is often called a SWOT analysis. 
 
 
 
Define environmental Assessment 
An environmental assessment is an examination of what's hap...
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CRCR Exam Questions and Answers 2023 (80 Verified Questions & Answers)
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CRCR Exam 2023 
 
1.	Which of the following statements are true of HFMA's Patient Financial Communications Best Practices? ANS The best practices were developed specifi- cally to help patients understand the cost of services, their individual insurance benefits, and their responsibility for balances after insurance, if any. 
 
2.	The patient experience includes all of the following except ANS Recognition that revenue cycle processes must be patient-centric and efficient. This is espe- cially tr...
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CRCR EXAM 154 Questions and Answers 2023,100% CORRECT
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CRCR EXAM 154 Questions and Answers 2023 
 
What do Case Managers do? - CORRECT ANSWERSMonitor high resource cases to ensure effective utilization 
 
What is HIM responsible for? - CORRECT ANSWERSall pt medical records: transcribe, coding, release to biling, answer requests for documentation 
 
What is utilization management responsible for? - CORRECT ANSWERSmanage cases: services correct, on time 
 
What are the three types of utilization review? - CORRECT ANSWERSProspective, Concurrent, Retros...
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HFMA Questions Answered 100% correct, Scored A+
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HFMA Questions Answered 100% correct, Scored A+ 
Definition of cost 
Can be the amount paid for the service. It can also be the amount paid for salaries or to other vendors 
 
 
 
Direct Cost 
Are the costs that can be traced directly to a department, product, or service (Salaries, Employee benefits, medications, supplies, aging and equipment maintenance contract 
 
 
 
Direct cost in a health Plan 
Would be the actual claims payments made by the plan on behalf of its members 
 
 
 
indirect cos...
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HFMA SET 1 WITH 100% CORRECT ANSWERS
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Define Revenue Cycle - ANSWER 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. - ANSWER Departments that 
contribute to the Revenue Cycle.	 
 
 
1.	Access 
2.	Health information management/ Medical records 
3.	Case-management 
4.	Patient Care Services 
5.	Patient Financial Services 
 
What led the creation of revenue management services? - ANSWER The emphas...
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HFMA questions and correct answers graded A+ to pass 2023
- Exam (elaborations) • 8 pages • 2023
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HFMA questions and correct answers graded A+ to pass 2023Definition of cost 
Can be the amount paid for the service. It can also be the amount paid for salaries or to other vendors 
 
 
 
Direct Cost 
Are the costs that can be traced directly to a department, product, or service (Salaries, Employee benefits, medications, supplies, aging and equipment maintenance contract 
 
 
 
Direct cost in a health Plan 
Would be the actual claims payments made by the plan on behalf of its members 
 
 
 
indi...
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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...
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