Hfma set 1 Study guides, Class notes & Summaries

CRCR Review Questions with complete solutions. 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?...

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. ...

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...

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...

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...

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...

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...

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...

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...