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Guide for CHFP: HFMA Certified Healthcare Financial Professional

Quiz CHFP: HFMA Certified Healthcare Financial Professional

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/ 10

Quiz

1/10
The key factors that have contributed to the higher cost of health care include:
Select the answer
1 correct answer
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

Quiz

2/10
What change the basis of payment for hospital outpatient services from a flat fee for individual
services to fixed reimbursement for bundled services?
Select the answer
1 correct answer
A.
Cost payment system
B.
Ambulatory payment classifications
C.
Cost compliance and litigation
D.
None of the above

Quiz

3/10
When providers try to get one payor to pay for costs that have not been covered by another payor,
this refers to:
Select the answer
1 correct answer
A.
Cost Capacity
B.
Cost capitalization
C.
Cost-shifting
D.
Prospective cost

Quiz

4/10
The combination of age and technology has increased cost with the passage of time.
Select the answer
1 correct answer
A.
True
B.
False

Quiz

5/10
Prescription drug coverage for Medicare enrollees, which offsets some of the out-ofpocket costs for
medications, this covers:
Select the answer
1 correct answer
A.
Medicare Part A
B.
Medicare Part B
C.
Medicare Part D
D.
Medicare Part F

Quiz

6/10
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:
Select the answer
1 correct answer
A.
Compliance
B.
Chronic Medicare
C.
Health proactive standards
D.
None of the above

Quiz

7/10
That providers have to pay insurers to cover the cost of defending against the
lawsuits and paying large jury awards.
Select the answer
1 correct answer
A.
Ambulatory payment classifications
B.
Reimbursement Insurance cost plan
C.
Health proactive Insurance standard act
D.
Increased insurance premiums

Quiz

8/10
A set of federal compliance regulations to ensure standardization of billing, privacy and reporting as
institutions convert to electronic systems is called:
Select the answer
1 correct answer
A.
Health Insurance standard Act
B.
Reimbursement Insurance Act
C.
Medicare Reporting Act
D.
Health Insurance portability and Accountability Act

Quiz

9/10
Is the tendency health care practitioners to do more testing and to provide more care
for patients than might otherwise be necessary to protect themselves against potential litigation.
Select the answer
1 correct answer
The correct answer is:

A. Defensive medicine

Explanation:

Defensive medicine is the practice of ordering additional tests, procedures, or consultations, or providing more treatment than medically necessary, mainly to reduce the risk of malpractice claims or legal action. Health care practitioners may do this not because the extra care is clearly beneficial to the patient, but because they want to protect themselves from possible litigation.

This behavior can take two main forms:
1. Positive defensive medicine: doing more than is medically necessary, such as extra tests or treatments.
2. Negative defensive medicine: avoiding high-risk patients or procedures to reduce legal exposure.

In this question, the phrase "the tendency health care practitioners to do more testing and to provide more care for patients than might otherwise be necessary to protect themselves against potential litigation" directly describes defensive medicine.

So, A is correct.

Quiz

10/10
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?
Select the answer
1 correct answer
A.
Sarbanes-Oxley Act
B.
Insurance accountability Act
C.
Financial statement Act
D.
Portability and Accountability Standardized Act
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Info quiz:

  • Quiz name:CHFP: HFMA Certified Healthcare Financial Professional
  • Total number of questions:310
  • Number of questions for the test:50
  • Pass score:80%

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