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CRCR FINAL EXAM AND PRACTICE EXAM NEWEST 2024 ACTUAL EXAM COMPLETE EXAM 300 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!! $29.49
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CRCR FINAL EXAM AND PRACTICE EXAM NEWEST 2024 ACTUAL EXAM COMPLETE EXAM 300 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!!
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Course
CRCR
Institution
CRCR
CRCR FINAL EXAM AND PRACTICE EXAM
NEWEST 2024 ACTUAL EXAM COMPLETE
EXAM 300 QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW
VERSION!!
CRCR FINAL EXAM AND PRACTICE EXAM
NEWEST 2024 ACTUAL EXAM COMPLETE
EXAM 300 QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW
VERSION!!
CRCR FINAL EXAM
The Affordable Care Act legislated the development of Health
Insurance Exchanges,
where individuals and small businesses can
a) Purchase qualified health benefit plans regardless of insured's
health status
b) Obtain price estimates for medical services
c) Negotiate the price of medical services with providers
d) Meet federal mandates for insurance coverage and obtain the
corresponding tax deduction - ANSWER- A
,2|Page
The most common resolution methods for credit balances
include all of the following
EXCEPT:
a) Designate the overpayment for charity care
b) Submit the corrected claim to the payer incorporating credits
c) Either send a refund or complete a takeback form as directed
by
the payer
d) Determine the correct primary payer and notify incorrect
payer of
overpayment - ANSWER- A
EFT (electronic funds transfer) is
a) An electronic claim submission
b) The record of payments in the hospital's accounting system
c) An electronic confirmation that a payment is due
d) An electronic transfer of funds from payer to payee -
ANSWER- D
,3|Page
Revenue cycle activities occurring at the point-of-service
include all of the following
EXCEPT:
a) The monitoring of charges
b) The provision of case management and discharge planning
services
c) Providing charges to the third-party payer as they are incurred
d) The generation of charges - ANSWER- C
Medicare beneficiaries remain in the same "benefit period"
a) Up to hospitalization discharge
b) Until the beneficiary is "hospitalization and/or skilled nursing
facility-free" for 60 consecutive days
c) Each calendar year
d) Up to 60 days - ANSWER- B
Key Performance Indicators (KPIs) set standards for accounts
receivables (A/R) and
a) Provide evidence of financial status
, 4|Page
b) Provide a method of measuring the collection and control of
A/R
c) Establish productivity targets
d) Make allowance for accurate revenue forecasting -
ANSWER- B
Recognizing that health coverage is complicated and not all
patients are able to navigate
this terrain, HFMA best practices specify that
a) The patient accounts staff have someone assigned to research
coverage on behalf of patients
b) Patients should be given the opportunity to request a patient
advocate, family member, or other designee to help them in
these
discussions
c) Patient coverage education may need to be provided by the
health plan
d) A representative of the health plan be included in the patient
financial responsibilities discussion - ANSWER- B
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