Hfma test - Study guides, Class notes & Summaries
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HFMA Test 7: Contracts | Questions and Correct Answers | Latest Update 2024/2025
- Exam (elaborations) • 46 pages • 2024
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HFMA Test 7: Contracts | 
Questions and Correct 
Answers | Latest Update 
2024/2025 
Purpose of Contracts - Answer -Purpose 
Contracts will be used to define terms between two or more parties for 
the provision of a service or product. In health care, contracts are used 
for: 
Health plan or payer agreements. Construction projects. 
Collection services. 
Maintenance on equipment. 
Leasing space. 
Employment of contracted staff, and a variety of other itemsFor a contract to be valid, individual m...
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HFMA Test 7 Questions and Answers 2024
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HFMA Test 7
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HFMA Test 7: Contracts Exam Guide latest Review
- Exam (elaborations) • 23 pages • 2024
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HFMA Test 7: Contracts Exam Guide latest Review
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HFMA Test 7: Contracts questions with correct answers
- Exam (elaborations) • 37 pages • 2023
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Purpose of Contracts - Answer Purpose 
 
Contracts will be used to define terms between two or more parties for the provision of a service or product. In health care, contracts are used for: 
 
Health plan or payer agreements. Construction projects. 
Collection services. 
Maintenance on equipment. 
Leasing space. 
Employment of contracted staff, and a variety of other items 
 
For a contract to be valid, individual must do three things - Answer Valid Contract 
For a contract to be valid, tw...
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CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS)
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CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS)CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS) CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS) CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS) CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS) CSBI HFMA TEST QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS)
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HFMA Test 7 Questions with solutions 2023
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HFMA Test 7
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HFMA TEST 4 (BUDGETING AND FORCASTING) EXAM 2023 GUIDE SOLUTION
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HFMA TEST 4 (BUDGETING AND FORCASTING) 
EXAM 2023 GUIDE SOLUTIONHFMA TEST 4 (BUDGETING AND FORCASTING) 
EXAM 2023 GUIDE SOLUTIONHFMA TEST 4 (BUDGETING AND FORCASTING) 
EXAM 2023 GUIDE SOLUTIONHFMA TEST 4 (BUDGETING AND FORCASTING) 
EXAM 2023 GUIDE SOLUTIONHFMA TEST 4 (BUDGETING AND FORCASTING) 
EXAM 2023 GUIDE SOLUTION
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HFMA TEST 1 QUESTIONS WITH SOLUTIONS 2024
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HFMA TEST 1
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HFMA Test 7: Contracts Questions and Answers 2023
- Exam (elaborations) • 22 pages • 2023
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HFMA Test 7: Contracts Questions and Answers 2023 
Purpose of Contracts 
Purpose 
 
Contracts will be used to define terms between two or more parties for the provision of a service or product. In health care, contracts are used for: 
 
Health plan or payer agreements. Construction projects. 
Collection services. 
Maintenance on equipment. 
Leasing space. 
Employment of contracted staff, and a variety of other items 
 
 
 
For a contract to be valid, individual must do three things 
Valid Contra...
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HFMA Test Part 1 (109 questions) with correct answers
- Exam (elaborations) • 13 pages • 2023
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Definition of cost - Answer Can be the amount paid for the service. It can also be the amount paid for salaries or to other vendors 
 
Direct Cost - Answer 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 - Answer Would be the actual claims payments made by the plan on behalf of its members 
 
indirect costs - Answer Are the cost nece...
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