CRCR Certification Exam ()
Actual Questions and Verified Answers,
100% Guarantee Pass
1. The disadvantages of outsourcing include all of the following EXCEPT:
a) The impact of customer service or patient relations
b) The impact of loss of direct control of accounts receivable services
c) Increased costs due to vendor ineffectiveness
d) Reduced internal staffing costs and a reliance on outsourced staff
Answer d) Reduced internal staflng costs and a reliance on outsourced statt
2. The Medicare fee-for service appeal process for both
beneficiaries and providers
includes all of the following levels EXCEPT:
a) Medical necessity review by an independent physician's panel
b) Judicial review by a federal district court
c) Redetermination by the company that handles claims for Medicare
d) Review by the Medicare Appeals Council (Appeals Council):
Answer b) Judicial review by a federal district court
mailto:https://www.stuvia.com/user/Wisdoms
, 3. Business ethics, or organizational ethics represent:
a) The principles and standards by which organizations operate
b) Regulations that must be followed by law
c) Definitions of appropriate customer service
d) The code of acceptable conduct:
Answer a) The principles and standards by which organizations operate
4. A portion of the accounts receivable inventory which has NOT
qualified for billing
includes:
a) Charitable pledges
b) Accounts created during pre-registration but not activated
c) Accounts coded but held within the suspense period
d) Accounts assigned to a pre-collection agency:
Answer a) Charitable pledges
5. Local Coverage Determinations (LCD) and National Coverage
Determinations (NCD) are
Medicare established guideline(s) used to determine:
a) Medicare and Medicaid provider eligibility
b) Medicare outpatient reimbursement rates
c) Which diagnoses, signs, or symptoms are reimbursable
mailto:https://www.stuvia.com/user/Wisdoms
, d) What Medicare reimburses and what should be referred to Medicaid:
Answer c) Which diagnoses, signs, or symptoms are reimbursable
6. Days in A/R is calculated based on the value of:
a) The total accounts receivable on a specific date
b) Total anticipated revenue minus expenses
c) The time it takes to collect anticipated revenue
d) Total cash received to date:
Answer c) The time it takes to collect anticipated revenue
7. Patients are contacting hospitals to proactively inquire about costs and
fees prior to
agreeing to service. The problem for hospitals in providing such
information is:
a) That hospitals don't want to establish a price without
knowing if the patient has insurance and how much
reimbursement can be expected
b) The fact that charge master lists the total charge, not net
charges that reflect charges after a payer's contractual
adjustment
c) That hospitals don't want to be put in the position of
"guaranteeing" price without having room for additional
charges that may arise in the course of treatment
d) Their reluctance to share proprietary information:
Answer b) The fact that charge master lists the total charge, not net charges
mailto:https://www.stuvia.com/user/Wisdoms
, that reflect charges after a payer's contractual adjustment
8. 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:
a) Make sure that the attending staff can answer
questions and assist in obtaining required patient
financial data
b) Have a patient responsibilities kit ready for the
patient, containing all of the required registration forms
and instructions
c) Support that choice, providing that the discussion
does not interfere with patient care or disrupt
patient flow
d) Decline such request as finance discussions can disrupt patient care and
mailto:https://www.stuvia.com/user/Wisdoms
Actual Questions and Verified Answers,
100% Guarantee Pass
1. The disadvantages of outsourcing include all of the following EXCEPT:
a) The impact of customer service or patient relations
b) The impact of loss of direct control of accounts receivable services
c) Increased costs due to vendor ineffectiveness
d) Reduced internal staffing costs and a reliance on outsourced staff
Answer d) Reduced internal staflng costs and a reliance on outsourced statt
2. The Medicare fee-for service appeal process for both
beneficiaries and providers
includes all of the following levels EXCEPT:
a) Medical necessity review by an independent physician's panel
b) Judicial review by a federal district court
c) Redetermination by the company that handles claims for Medicare
d) Review by the Medicare Appeals Council (Appeals Council):
Answer b) Judicial review by a federal district court
mailto:https://www.stuvia.com/user/Wisdoms
, 3. Business ethics, or organizational ethics represent:
a) The principles and standards by which organizations operate
b) Regulations that must be followed by law
c) Definitions of appropriate customer service
d) The code of acceptable conduct:
Answer a) The principles and standards by which organizations operate
4. A portion of the accounts receivable inventory which has NOT
qualified for billing
includes:
a) Charitable pledges
b) Accounts created during pre-registration but not activated
c) Accounts coded but held within the suspense period
d) Accounts assigned to a pre-collection agency:
Answer a) Charitable pledges
5. Local Coverage Determinations (LCD) and National Coverage
Determinations (NCD) are
Medicare established guideline(s) used to determine:
a) Medicare and Medicaid provider eligibility
b) Medicare outpatient reimbursement rates
c) Which diagnoses, signs, or symptoms are reimbursable
mailto:https://www.stuvia.com/user/Wisdoms
, d) What Medicare reimburses and what should be referred to Medicaid:
Answer c) Which diagnoses, signs, or symptoms are reimbursable
6. Days in A/R is calculated based on the value of:
a) The total accounts receivable on a specific date
b) Total anticipated revenue minus expenses
c) The time it takes to collect anticipated revenue
d) Total cash received to date:
Answer c) The time it takes to collect anticipated revenue
7. Patients are contacting hospitals to proactively inquire about costs and
fees prior to
agreeing to service. The problem for hospitals in providing such
information is:
a) That hospitals don't want to establish a price without
knowing if the patient has insurance and how much
reimbursement can be expected
b) The fact that charge master lists the total charge, not net
charges that reflect charges after a payer's contractual
adjustment
c) That hospitals don't want to be put in the position of
"guaranteeing" price without having room for additional
charges that may arise in the course of treatment
d) Their reluctance to share proprietary information:
Answer b) The fact that charge master lists the total charge, not net charges
mailto:https://www.stuvia.com/user/Wisdoms
, that reflect charges after a payer's contractual adjustment
8. 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:
a) Make sure that the attending staff can answer
questions and assist in obtaining required patient
financial data
b) Have a patient responsibilities kit ready for the
patient, containing all of the required registration forms
and instructions
c) Support that choice, providing that the discussion
does not interfere with patient care or disrupt
patient flow
d) Decline such request as finance discussions can disrupt patient care and
mailto:https://www.stuvia.com/user/Wisdoms
