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HFMA CHFP - Questions & Answers

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Question 1
Single choice

The key factors that have contributed to the higher cost of health care include:

A.

Technology, aging population, chronic disease and litigation

B.

Aging population, chronic disease, performance payment and litigation

C.

Technology, performance payment and litigation

D.

All of the above

Question 2
Single choice

What change the basis of payment for hospital outpatient services from a flat fee for individual services to fixed reimbursement for bundled services?

A.

Cost payment system

B.

Ambulatory payment classifications

C.

Cost compliance and litigation

D.

None of the above

Question 3
Single choice

when providers try to get one payor to pay for costs that have not been covered by another payor, this refers to:

A.

Cost Capacity

B.

Cost capitalization

C.

Cost-shifting

D.

Prospective cost

Question 4
Single choice

The combination of age and technology has increased cost with the passage of time.

A.

True

B.

False

Question 5
Single choice

Prescription drug coverage for Medicare enrollees, which offsets some of the out-of-pocket costs for medications, this covers:

A.

Medicare Part A

B.

Medicare Part B

C.

Medicare Part D

D.

Medicare Part F

Question 6
Single choice

The need to abide by governmental regulations, whether they are for the provision of care, billing, privacy accounting standards, security or the like refers to:

A.

Compliance

B.

Chronic Medicare

C.

Health proactive standards

D.

None of the above

Question 7
Single choice

that providers have to pay insurers to cover the cost of defending against the lawsuits and paying large jury awards.

A.

Ambulatory payment classifications

B.

Reimbursement Insurance cost plan

C.

Health proactive Insurance standard act

D.

Increased insurance premiums

Question 8
Single choice

A set of federal compliance regulations to ensure standardization of billing, privacy and reporting as institutions convert to electronic systems is called:

A.

Health Insurance standard Act

B.

Reimbursement Insurance Act

C.

Medicare Reporting Act

D.

Health Insurance portability and Accountability Act

Question 9
Single choice

In which act, federal legislation designed to tighten accounting standards in financial reporting and that holds top executives personally liable as to the accuracy and fairness of their financial statements?

A.

Sarbanes-Oxley Act

B.

Insurance accountability Act

C.

Financial statement Act

D.

Portability and Accountability Standardized Act

Question 10
Single choice

Stark law sates that:

A.

Legislation enacted by HIPAA to guard against providers' ordering self-referrals for Medicare or Medicaid patients directly to any settings in which they have a vested financial interest.

B.

Legislation enacted by CMS to guard against providers' ordering self-referrals for Medicare or Medicaid patients directly to any settings in which they have a vested financial interest.

C.

Legislation enacted by CMS to guard against providers' ordering self-referrals for Medicare or Medicaid patients indirectly to any settings in which they have a vested financial interest.

D.

Legislation enacted by HIPAA to guard against providers' ordering self-referrals for Medicare or Medicaid patients indirectly to any settings in which they have a vested financial interest.

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