Package deal for CRCR Certification Exam with 100% Correct Answers 2023

Important revenue cycle activities in the pre-service stage include; - Correct answerObtaining or updating patient and guarantor information In the pre-service stage, the cost of the scheduled service is identified and the patient's health plan and benefits are used to calculate; - Correct answer...

Overall aggregate payments made to a hospice are subject to a computed "cap amount" calculated by - Correct answer-The Medicare Administrative Contractor (MAC) at the end of the hospice cap period Which of the following is required for participation in Medicaid - Correct answer-Meet Income and...

Patient Centric Revenue Cycle - Correct answer-This includes all the major processing steps required to process a pt account from the request for service through closing the account with a zero balance and purging it from the system pre-service - Correct answer-this is the period in which schedul...

Which of the following statements are true of HFMA's Patient Financial Communications Best Practices? - Correct answer-The best practices were developed specifically to help patients understand the cost of services, their individual insurance benefits, and their responsibility for balances after...

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 obtai...

Net Days in AR - Correct answer-Measures how fast receivables are collected. It is a trending indicator of overall A/R performance & revenue cycle efficiency. A/R Aging - Correct answer-Reports divide the AR into 30, 60, 90, and 120 day categories, based on discharge. Credit Balances - Days Outs...