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Healthcare Reimbursement 1-3 Module Questions And Answers Most Recent Edition 2024. Clinical documentation improvement (CDI) staff can include which of the following? - ansHealth information management coding professionals Registered nurses Both health information management coding professionals and registered nurses Financial statements are considered to be _________ of communicating useful financial information. - ansThe principal means Medicare and various insurance companies have ________ standards that need to be met in the delivery of healthcare services. Select one. - ansMedical necessity Now, in the prospective environment as the complexity of reimbursement has come to light, it has become necessary that all the individual departments work independently and form individual approaches to manage the revenue for a facility or provider in a revenue cycle management (RCM) approach. - ansFalse
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___________ is considered to be the most important characteristic of information for the organization: the information must be useful and have benefit to the user, and the accounting information must be relevant and faithfully represent what it claims to represent. - ansUsefulness for decision Clinical documentation improvement (CDI) staff can include which of the following? - ansHealth information management coding professionals Registered nurses Both health information management coding professionals and registered nurses Financial statements are considered to be _________ of communicating useful financial information. - ansThe principal means Medicare and various insurance companies have ________ standards that need to be met in the delivery of healthcare services. Select one. - ansMedical necessity Now, in the prospective environment as the complexity of reimbursement has come to light, it has become necessary that all the individual departments work independently and form individual approaches to manage the revenue for a facility or provider in a revenue cycle management (RCM) approach. - ansFalse The case mix index (CMI) is measurable and analyzable and allows the organization to compare the cost of providing services to its diagnosis-related group (DRG) mix and compare it to other unlike hospitals. - ansFalse The charge description master (CDM) must continually be updated to make sure that the most up-to-date information is present in this system - ansTrue The term __________ consists of accounting principles that are used in the preparation of financial reports and statements for businesses or entities. - ansGenerally Accepted Accounting Principles
This is where a healthcare facility will realize most of its revenue, or income, from clinical activities that surround patient care. - ansReimbursement This is where an organization increases accounts receivable or cash in exchange for products or services provided by the organization. - ansRevenue