Hfma exam 7 Study guides, Class notes & Summaries

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...

Contracts will be used to define terms between two or more parties for the provision of a service or product. In health care, contracts are used for: Health plan or payer agreements. Construction projects. Collection services. Maintenance on equipment. Leasing space. Employment of contracted staff, and a variety of other items For a contract to be valid, individual must do three things - ANSWER-Valid Contract For a contract to be valid, two (or more) individuals must: 1. Agree to the...

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: Healthcare Financial Management Association Exam (2024 / 2025) Questions and Verified Answers 1. Which of the following options is an alternative to valid long-term payment plans? ~ Answer: Bank loans 2. What type of plan restricts benefits for nonemergency care to approved providers only? ~ Answer: A PPO (preferred provider organization) plan 3. What does scheduling allow provider staff to do? ~ Answer: Review the appropriateness of the service requested 4. When an adult patient is covere...

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HFMA Test 7: Contracts Exam Guide latest Review

2024 CRCR Exam Prep 2 Guaranteed A+ Actual Questions and Answers, Complete 100% 1. HFMA Answer: Healthcare Financial Management Association 2. Revenue Cycle Overview:What are the 3 segments? Answer: Pre-Service, Time ofService, Post-Service 3. Scheduling is part of which segment of the Revenue Cycle? Answer: Pre-service 4. Patient-Centric Revenue Cycle Answer: 1) Engaged Consumer 2) Engaged Patient 3) Satisfied Customer 5. Healthcare Dollars & Sense: 1) Price Transparency 2) Pati...

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...