HFMA CRCR Exam (2025) ACTUAL EXAM
Questions AND ANSWERS Accurate
Solutions Latest Updated
Version
1. What is the first step of the revenue cycle process?
A) Billing
B) Scheduling ✅
C) Payment posting
D) Collections
Answer: B) Scheduling
📖 Rationale: The revenue cycle begins with patient access functions, starting
with scheduling and registration.
, HFMA CRCR (Certified Revenue Cycle Representative) Exam – 2025/2026
2. Which document verifies a patient’s insurance benefits before service
delivery?
A) Explanation of Benefits (EOB)
B) Eligibility verification report ✅
C) Remittance advice
D) Claim form
Answer: B) Eligibility verification report
📖 Rationale: Eligibility verification confirms coverage and benefits prior to
providing care.
3. The process of converting healthcare services into billable charges is called:
A) Reconciliation
B) Charge capture ✅
C) Payment posting
D) Denial management
Answer: B) Charge capture
📖 Rationale: Charge capture ensures all services are recorded and translated
into billable charges.
4. Which regulation governs patient data privacy and security?
A) EMTALA
B) HIPAA ✅
C) Stark Law
D) False Claims Act
Answer: B) HIPAA
, HFMA CRCR (Certified Revenue Cycle Representative) Exam – 2025/2026
📖 Rationale: HIPAA protects patient privacy and sets standards for secure
handling of medical information.
5. What is the standard form used for outpatient claim submission?
A) UB-04
B) CMS-1500 ✅
C) ANSI 835
D) ANSI 837I
Answer: B) CMS-1500
📖 Rationale: The CMS-1500 form is used by physicians and outpatient
providers for claim submission.
6. Which department is primarily responsible for insurance verification and
prior authorization?
A) Billing
B) Patient access ✅
C) Case management
D) Collections
Answer: B) Patient access
📖 Rationale: Patient access staff verify insurance and obtain authorizations
prior to care delivery.
7. The process of comparing posted payments with expected contract
amounts is called:
A) Denial management B)
Contract management ✅
, HFMA CRCR (Certified Revenue Cycle Representative) Exam – 2025/2026
C) Claims reconciliation
D) Financial clearance
Answer: B) Contract management
📖 Rationale: Contract management ensures payers reimburse according to
negotiated rates.
8. The document sent to the patient explaining claim processing by the payer
is:
A) CMS-1500
B) Explanation of Benefits (EOB) ✅
C) Eligibility verification
D) Itemized bill
Answer: B) Explanation of Benefits (EOB)
📖 Rationale: The EOB outlines what the insurance covered, denied, and what
the patient owes.
9. A claim rejected for missing patient ID is an example of a:
A) Hard denial
B) Soft denial ✅
C) Contractual adjustment
D) Write-off
Answer: B) Soft denial
📖 Rationale: Soft denials are correctable and resubmittable; missing
information is a common example.