Hfmas adopter program - Study guides, Class notes & Summaries

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CRCR EXAM UNIT 1(QUESTIONS AND  ANSWERS) 2023-2024
  • CRCR EXAM UNIT 1(QUESTIONS AND ANSWERS) 2023-2024

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  • CRCR EXAM UNIT 1(QUESTIONS AND ANSWERS) 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 Outstanding - CORRECT ANSWER-The dollars in credit balance at the account level divided by the three month daily average of total net patient service reve...
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