CHFP PRACTICE TEST EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++
4 views 0 purchase
Course
CHFP
Institution
CHFP
CHFP PRACTICE TEST EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++
What are the key factors that have contributed to the higher cost of healthcare?
Contributing key factors to increased health care costs:
Technology
Aging population
Chronic disease
Litigation
What changed the...
chfp practice test exam questions and answers with
Written for
CHFP
All documents for this subject (34)
Seller
Follow
NurseAdvocate
Reviews received
Content preview
CHFP PRACTICE TEST EXAM QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS GRADED A++
What are the key factors that have contributed to the higher cost of healthcare?
Contributing key factors to increased health care costs:
Technology
Aging population
Chronic disease
Litigation
What changed the basis of payment for hospital OP services from a flat fee for
individual services to fixed reimbursement for bundled services?
Ambulatory payment classifications (APC)
What is cost shifting?
When providers try to get one payer to pay for costs that have not been covered by
another payer
True or False:
The combination of age and technology has increased cost with the passage of
time.
True
Aging population and technology are to the 4 key factors to increased cost.
What is Medicare Part D?
, Prescription drug coverage program available to all Medicare beneficiaries. Private
companies approved by Medicare provide the coverage.
What is the definition of compliance?
The need to abide by governmental regulations, whether they are for the provision of
care, billing, privacy accounting standards, security or the like.
What is the impact of litigation on providers?
Increased insurance premiums that providers have to pay malpractice insurers to cover
the cost of defending against the lawsuits and paying large jury awards.
What is the federal law setting compliance regulations to ensure standardization
of billing, privacy and reporting as institution convert to electronic systems?
Health Insurance Portability and Accountability Act (HIPAA)
What is the federal legislation designed to tighten accounting standards in
financial reporting and that holds top executives personally liable as to the
accuracy and fairness of their financial statements?
Sarbanes-Oxley Act (SOX)
What does the Stark Law prohibit?
Stark Law legislation enacted by CMS to guard against providers ordering self-referrals
for MCR or MCD patients directly to settings in which they have a vested financial
interest.
What are the factors of Uninsured on health care?
1. Healthcare insurance premiums becoming too costly
2. Individuals being screened out of insurance policies
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseAdvocate. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
