HIM2135 MODULE 01 QUIZ
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HIM2135 Revenue Cycle Management Module 01 Quiz Final Grade
85%
Assignment Content
Assignment Content
1.
There is a total of 20 multiple-choice or True/False questions each worth 1 point. Choose the BEST answer for each of the questions. This is a timed exam and is set for 20 minutes. You only have one opportunity to complete this exam. During the exam, you will be alerted when you have used half your time, and again when you have 5 minutes, 1 minute, and 30 seconds remaining. Once time expires your exam will be automatically submitted.
Note:
By starting this quiz you agree to abide by the Academic Misconduct Policy
set forth in the course syllabus. You acknowledge that your failure to do so could result in being expelled from the course.
2.
Question 1
To maintain profitability under prospective payment systems (PPS), healthcare facilities are encouraged to increase reimbursement or decrease costs to be more profitable.
1. T
True
2. F
False
3.
Question 2
Although many components of the revenue cycle are similar across various healthcare settings, there may be differences in the management of the revenue cycle based on:
1.
Size of the facility
2.
Charge capture methods
3.
Availability of coding professionals
4.
All of these options
4.
Question 3
Patient registration and case management are part of preclaims submission activities.
1. T
True
2. F
False
5.
Question 4
A statement delivered to the patient describing services, covered payments and benefit limits and denials is a/an:
1.
Advance Beneficiary Notice (ABN)
2.
Bill
3.
Explanation of Benefits (EOB)
4.
Remittance Advice (RA)
6.
Question 5
An electronic report returned to the provider outlining claim rejections, denials and payments to the facility is called:
1.
Coordination of Benefits
2.
EOB
3.
Remittance Advice
4.
Notice to Provider
7.
Question 6
The department that plays a key role in ensuring data integrity is:
1.
Administration
2.
Patient Accounts
3.
Information Services
4.
Health Information Management (HIM)
8.
Question 7
The Bill Hold or waiting period for Inpatients is 5 days and 7 days for Outpatients. 1. T
True
2. F
False
9.
Question 8
A report listing all patients that have been discharged without the generation of a
final bill is called:
1.
Outstanding accounts
2.
Discharge register
3.
Delinquent record list
4.
Discharge no final bill (DNFB))
10.Question 9
Set of criteria determined by the payer regarding what will be paid. 1.
APCs 2.
DRGs
3.
Medical Necessity
4.
Per Diem
11.Question 10
The department responsible for entering charges for services performed is:
1.
Billing
2.
Coding
3.
Clinical Services
4.
Patient Access
12.Question 11
Revenue cycle is the series of activities that connect the services rendered by a healthcare provider/facility with the methods by which the provider receives compensation for those services.
1. T
True
2. F
False
13.Question 12
Patient Access and Health Information play significant roles in ensuring data integrity within the revenue cycle.
1. T
True
2. F
False
14.Question 13
If an event is not documented, it is deemed to not have occurred is 1.
A business record rule
2.
A condition of participation
3.
A false assumption
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4.
A federal law
15.Question 14
With the advent of the Medicare prospective payment system (PPS) in 1983 coding became a critical function in optimization of reimbursement.
1. T
True
2. F
False
16.Question 15
Data governance is responsible for the use of data including the release of information.
1. T
True
2. F
False
17.Question 16
The determination of what data are collected and how the data are safeguarded is part of
1.
Information governance
2.
Data governance
3.
HIPAA
4.
Health Information
18.Question 17
Providers on the Office of Inspector General (OIG) list of excluded individuals/entities cannot bill Medicare.
1. T
True
2. F
False
19.Question 18
To assist in the timely submission of claims, the HIM department has the following focus with the exception of:
1.
Obtain control of the chart
2.
Code the chart as quickly as possible
3.
Allow providers to complete their charts when they have time
4.
Submit the account to billing to drop the bill
20.Question 19
Cash flow is the responsibility of the Patient Accounting Department.
1. T
True
2. F
False
21.Question 20
The first step in the revenue cycle process from the patient's perspective is 1.
Admission
2.
Treatment
3.
Scheduling
4.
Physician office visit
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Fighting Irish Incorporated pays its employees $3,360 every two weeks ($240/day). The current two-week pay period ends on
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Calculate the 2024 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before
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Consider the following situations for Shocker:
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- * CengageNOWv2 | On x * Cengage Learning B Milestone Two Guidel G module 5 problem set x blem Set: Mod x now.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres.. eBook Show Me How Proceeds from Notes Payable On January 26, Bella Co. borrowed cash from Conrad Bank by issuing a 30-day note with a face amount of $48,000. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 6%. b. Determine the proceeds of the note, assuming the note is discounted at 6%. Check My Work The proceeds equal the cash initially received. Proceeds represents how much in value the borrower is walking away with in cash on merchandise. Previous Next Check My Work 1:36 PM 54°F A O E A 4 11/28/2021 %23arrow_forwardEat min C e New tab Λ Content xW Quiz 3-MAT-143, section 03F, Fa X + Q A ✩ https://www.webassign.net/web/Student/Assignment-Responses/last?dep=34832472 Viewing Saved Work Revert to Last Response DETAILS MY NOTES You deposit $850 in an account paying an annual simple interest rate of 7.8%. Find the future value of the investment (in dollars) after 1 year. DETAILS MY NOTES Calculate the simple interest due (in dollars) on a 40-day loan of $1,600 if the annual interest rate is 9%. (Use 360 days in 1 year.) $ DETAILS MY NOTESarrow_forwardB Milestone Two Guidel x G module 5 problem set n Set: Mod x * CengageNOWv2 | Onl x Cengage Learning .com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres... Proceeds from Notes Payable On January 26, Bella Co. borrowed cash from Conrad Bank by issuing a 30-day note with a face amount of $48,000. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 6%. b. Determine the proceeds of the note, assuming the note is discounted at 6%. Check My Work Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading 2:58 PM 56°F 11/28/2021arrow_forward
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