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A comprehensive set of questions and answers related to the hfma crcr exam, covering key topics in healthcare revenue cycle management. It is a valuable resource for individuals preparing for the crcr certification exam, offering insights into various aspects of billing, coding, and patient financial services. Questions on medicare billing, patient registration, insurance verification, and other essential topics.
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What service provided to a Medicare beneficiary in a rural health clinic (RHC) is not billable as an RHC services?
When an undue delay of payment results from a dispute between the patient and the third party payer, who is responsible for payment?
What form is used to bill Medicare for rural health clinics? - answer>>. CMS 1500 What activities are completed when a scheduled pre-registered patient arrives for service?
- answer>>.Registering the patient and directing the patient to the service area In addition to being supported by information found in the patient's chart, a CMS 1500 claim must be coded using what? - answer>>. HCPCS (Healthcare Common Procedure Coding system) What results from a denied claim? - answer>>. The provider incurs rework and appeal costs Why does the financial counselor need pricing for services? - answer>>.To calculate the patient's financial responsibility What type of provider bills third-party payers using CMS 1500 form
.Appeal conditions specified in the individual payer's contract
The important message from Medicare provides beneficiaries with information concerning what?
- answer>>. Right to appeal a discharge decision if the patient disagrees with the services Why do managed care plans have agreements with hospitals, physicians, and other healthcare providers to offer a range of services to plan members? - answer>>. To improve access to quality healthcare If a patient remains an inpatient of an SNF (skilled nursing facility for more than 30 days, what is the SNF permitted to do? - answer>>.Submit interim bills to the Medicare program.
What is a benefit of pre-registering patient's for service? - answer>>.Patient arrival processing is expedited, reducing wait times and delays What is a characteristic of a managed contracting methodology? - answer>>.Prospectively set rates for inpatient and outpatient services What is true about screening a beneficiary for possible MSP situations? - answer>>.It is acceptable to complete the screening form after the patient has completed the registration process and been sent to the service department If the patient cannot agree to payment arrangements, what is the next option?
standards?
from and out-of-network provider? - answer>>.Patient payment responsibility is higher Every patient who is new to the healthcare provider must be offered what? - answer>>.A printed copy of the provider's privacy notice How may a collection agency demonstrate its performance? - answer>>.Calculate the rate of recovery What customer service improvements might improve the patient accounts department? - answer>>.Holding staff accountable for customer service during performance reviews What is an ABN (Advance Beneficiary Notice of Non-coverage) required to do? - answer>>.Inform a Medicare beneficiary that Medicare may not pay for the order or service What type of account adjustment results from the patient's unwillingness to pay for a self-pay balance? - answer>>.Bad debt adjustment What is the initial hospice benefit? - answer>>.Two 90 - day periods and an unlimited number of subsequent periods When does a hospital add ambulance charges to the Medicare
inpatient claim? - answer>>.If the patient requires ambulance transportation to a skilled nursing facility How should a provider resolve a late-charge credit posted after an account is billed? - answer>>.Post a late-charge adjustment to the account an increase in the dollars aged greater than 90 days from date of service indicate what about accounts - answer>>.They are not being processed in a timely manner What is an advantage of a preregistration program? - answer>>.It reduces processing times at the time of service What are the two statutory exclusions from hospice coverage? - answer>>.Medically unnecessary services and custodial care What core financial activities are resolved within patient access? - answer>>.Scheduling, insurance verification, discharge processing, and payment of point- of-service receipts What statement applies to the scheduled outpatient? - answer>>.The services do not involve an overnight stay
consumer loans What is a principal diagnosis? - answer>>.Primary reason for the patient's admission Collecting patient liability dollars after service leads to what? - answer>>.Lower accounts receivable levels What is the daily out-of-pocket amount for each lifetime reserve day used? - answer>>.50% of the current deductible amount What is true of the information the provider supplies to indicate that an authorization for service has been received from the patient's primary payer? - answer>>.It is posted on the remittance advice by the payer What standard claim forms are currently used by the healthcare industry to submit claims to third-party payers? - answer>>.The UB-04 and the CMS 1500 Unless the patient encounter is an emergency, what is the efficient and effective procedure for obtaining information? - answer>>.Obtain the required demographic and insurance information before services are rendered what protocol was developed through the Patient Friendly Billing Project? - answer>>.Provide information using language that is
easily understood by the average reader What technique is acceptable way to complete the MSP screening for a facility situation? - answer>>.Ask if the patient's current services was accident related What is a valid reason for a payer to delay a claim? - answer>>.Failure to complete authorization requirements IF outpatient diagnostic services are provided within three days of the admission of a Medicare beneficiary to an IPPS (Inpatient Prospective Payment System) hospital, what must happen to these charges - answer>>.They must be combined with the inpatient bill and paid under the MS-DRG system What do large adjustments require? - answer>>.Manager-level approval What items are valid identifiers to establish a patient's identification? - answer>>.Photo identification, date of birth, and social security number What must a provider do to qualify an account as a Medicare bad debts? - answer>>.Pursue the account for 120 days and then refer it to an outside collection agency What restriction does a managed care plan place on locations that must be used if the plan is to
What are some core elements of a board-approved financial policy
Coordination of benefits (COB) - answer>>.a typical insurance provision that determines the responsibility for primary payment when the patient is covered by more than one employer- sponsored health benefit program Discounted fee-for-service - answer>>.A reimbursement methodology whereby a provider agrees to provide service on a fee for service basis, but the fees are discounted by certain packages Eligibility - answer>>.Patient status regarding coverage for healthcare insurance benefits First dollar coverage - answer>>.A healthcare insurance policy that has no deductible and covers the first dollar of an insured's expenses Gatekeeping - answer>>.A concept wherein the primary care physician provides all primary patient care and coordinates all diagnostic testing and specialty referrals required for a patient's medical care Health plan - answer>>.an insurance company that provides for the delivery or payment of healthcare services Indemnity insurance - answer>>.negotiated healthcare coverage within a framework of fee schedules, limitations, and
Self-insured - answer>>.Large employers who assume direct responsibility or risk for paying employees' healthcare without purchasing health insurance Subrogation - answer>>.Seeking, by legal or administrative means, reimbursement from another party that is primarily responsible for a patient's medical expenses Subscriber - answer>>.An employer, a union, or an association that contracts with an insurance company for the healthcare plan it offers to eligible employees Sub-specialist - answer>>.A healthcare professional who is recognized to have expertise in a specialty of medicine or surgery Third-part administrator (TPA) - answer>>.Provides services to employers or insurance companies for utilization review, claims payment and benefit design Third-party reimbursement - answer>>.A general term used for the healthcare benefit payments - used to identify that for benefit plans there are three parties in the transaction Usual, customary, and reasonable (UCR) - answer>>.Health insurance plan reimbursement methodology that limits payment to the lower billed charges, the provider's customary charge, or the prevailing charge for the service in the community
Utilization review - answer>>.Review conducted by professional healthcare personnel of the appropriateness of, quality of, and need for healthcare services provided to patients Charge - answer>>.The dollar amount a provider sets for services rendered before negotiating any discounts. The charge can be different from the amount paid Cost - answer>>.The definition of cost varies by party incurring the expense Price - answer>>.the total amount a provider expects to be paid by payers and patients for healthcare services Care purchaser - answer>>.Individual or entity that contributes to the purchase of healthcare services Payer - answer>>.An organization that negotiates or sets rates for provider services, collects revenue through premium payments or tax dollars, processes provider claims for service, and pays provider claims using collected premium or tax revenues Provider - answer>>.An entity, organization, or individual that furnishes a healthcare service