What makes the Chargemaster a vital component of the revenue cycle?

HEIT 1250 - Chapter 8

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University
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Hard
Stephanie Jordan
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5 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
It lists all items that can be charged to patients' accounts
It eliminates the need for hardcoding
It increases the use of charge-capture audits
It simplifies the charge reconciliation process
2.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Which of the following data elements is specific to the hospital or service provider and would not show up on the bill?
charge codes
revenue codes
CPT or HCPCS codes
CPOE codes
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
How are modifiers used when billable services are entered into the CDM?
to provide further information about the CPT or HCPCS codes
to provide a general identification of what a line-item charge represents
to provide information on the department where the service or product was supplied
to provide information on the charge established for a given line-item service
4.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
What advantage does regular maintenance of the CDM have for providers?
it minimizes the risk of noncompliance
charges are not posted until after service is provided
documentation can be soft-coded instead of hard-coded
it links services to the CPT or HCPCS code
5.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Why should a Chargemaster Committee review all CPT, HCPCS and revenue codes?
to make sure they comply with Medicare guidelines or other payer contracts
to make sure there are no duplications of code assignments by coders
to determine charge dollar amounts for appropriateness
to determine that changes to the CDM result in the desired outcome
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