Reference no: EM133400766

PRINCIPLE OF MANAGEMENT

1. Timely and accurate coding in the HIM department has an impact on what key revenue cycle performance metric?

a. accounts receivable aging

b. days in accounts receivable

c. claim denial rate

d. all of the above

2. Capitation, DRGs, per diems, and predefined fee schedules are all examples of:

a. reimbursement methods

b. accounting rate of return

c. profit

d. chart of accounts

3. When a small physician practice organization reports AR days of 30.5 days:

a. the average payment turnaround is 30.5 days

b. average daily charges are $82,000 and total accounts receivables are $2.5 million.

c. outstanding accounts receivables are $2.5 million and average daily revenue is $82,000

d. all of the above

4. To prepare for a new CDI program, an HIM manager must include 4 new FTE coders in the department labor budget. At an average salary of $25 per hour, non productive hours of 15%, and anticipated 50% productivity reduction due to ICD-10, what is the projected annual salary expense?

a. $104,000

b. $176,800

c. $208,000

d. $353,600

5. A health care organization's statement of revenue and expenses will show:

a. estimated accounts receivable

b. actual accounts receivable

c. accrued expenses

d. net income