Hfma exam 4 with Study guides, Class notes & Summaries

HFMA CHFP MODULE 1 Business of Healthcare COMPLETE EXAM 2024 with Verified Answers Graded A+. 1. A hospital is planning to expand its services by adding a new wing with 50 beds and a state-of-the-art diagnostic center. The hospital has conducted a market analysis and projected the demand and revenue for the new services. The hospital also has estimated the capital and operating costs of the expansion project. What is the next step in the financial strategic planning process for the hospita...

CSBI HFMA: Certified Specialist Business Intelligence HFMA Exam | Questions and Verified Answers (2024 / 2025 Update) 1. What are the challenging areas of healthcare continuum of care? ~ Answer: 1-Lack of Coordination ~ 2-Healthcare Users on their own ~ 3-Service Coordination 2. What are the types of service on health continuum? ~ Answer: 1-Well - preventative care, primary care ~ 2-At Risk - acute care ~ 3-At risk mild - specialty care ~ 4-Early Chronic - chronic care ~ 5-Late Chronic - long-te...

CSBI HFMA: Certified Specialist Business Intelligence HFMA Exam| Questions and Verified Answers (2023/ 2024 Update) 1. What are the challenging areas of healthcare continuum of care? ~ Answer: 1-Lack of Coordination ~ 2-Healthcare Users on their own ~ 3-Service Coordination 2. What are the types of service on health continuum? ~ Answer: 1-Well - preventative care, primary care ~ 2-At Risk - acute care ~ 3-At risk mild - specialty care ~ 4-Early Chronic - chronic care...

CSBI HFMA Exam With 100% Correct Answers 2023 What has changed for Healthcare Analytics? - CORRECT 1 - Increased computing power and storage, decrease in cost; 2 - increased abundance of data in healthcare; 3 - increase in individuals having strong competencies Big Data - CORRECT Refers to the Growth in available data, massive continually increasing volume of live and stored data for analysis; and the increase in tools available for highly sophisticated ways to combine and analyze ...

HFMA: Healthcare Financial Management Association Exam Guide (2024 / 2025) with Verified Answers 1. revenue budget ~ Answer: lists forecasted and actual revenues of the organization 2. expense budget ~ Answer: outlines the anticipated and actual expenses for a responsibility center 3. What percent of operating expenses comes from medical claims when it comes to Health Plans? ~ Answer: 80% 4. cost center ~ Answer: Support area that usually do not generate revenues tend to insure indirect costs 5....

HFMA CRCR COMPLETE EXAM WITH ANSWERS & RATIONALES UNIT 1 - 4 2024

HFMA CRCR EXAM LATEST EXAM 170+ QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS) Pre-Service activities 1. Requested service is screened for med necessity, health coverage/benefits verified, preauthorization obtained and estimate to patient oop costs generated within guidelines of NSA and state regulations. 2. Patient notified of financial responsibility including copayment and health plan deductibles, eligibility of financial assistance assessed. 3. Patient is scheduled 4. Encounte...

CRCR Certification Exam Questions and Verified Answers (2023) 1. HFMA best practices stipulate that a reasonable attempt should be made to have the financial ~ Answer: As early as possible, before a financial obligation is incurred 2. Recognizing that health coverage is complicated and not all pts are able to navigate this terrain, HFMA best practices specify that ~ Answer: Patients should be given the opportunity to request a patient advocate, family member or other design...