CRCR - Certified Revenue Cycle Representative Test Review
Net Accounts Receivable is
Correct Answer:
The amount an entity is reasonably confident of collecting from overall accounts receivable
The revenue cycle includes
Correct Answer:
All of the major processing steps required to process a patient account from the request for service through closing the account
Across all care settings, if a patient consents to a financial discussion during a medical encounter to expedite discharge, the HFMA best practice is to
Correct Answer:
Support that choice, providing that the discussion does not interfere with patient care or disrupt patient flow
Medicare patients are NOT required to produce a physicians order to receive which of these services
Correct Answer:
Screening mammograms', flu vaccine or pneumonia
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For routine scenarios, such as patients with insurance coverage or a known
ability to pay, financial discussions:
Correct Answer:
Should take place between the patient or guarantor and properly trained provider representatives.
For non-routine scenarios, such as uninsured or underinsured patients:
Correct Answer:
A financial counselor or supervisor should be involved.
The Two Midnight Rule allows hospitals to account for total Hospital time Including
Correct Answer:
Outpatient time directly preceding the inpatient admission
The purpose of the ACA mandated Community Health Needs Assessment is;
Correct Answer:
To identify significant health needs, prioritize those needs and identify resources to address them.
Unless the patient encounter is an emergency, it is more efficient and effective to;
Correct Answer:
Obtain the required demographic and insurance information before services are rendered.
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