HFMA Certified Healthcare Financial Professional CHFP Questions & Answers

• Question 311:

  Prescription drug coverage for Medicare enrollees, which offsets some of the out-of- pocket costs for medications, this covers:

  A. Medicare Part A

  B. Medicare Part B

  C. Medicare Part D

  D. Medicare Part F

  Correct Answer: C

• Question 312:

  The combination of age and technology has increased cost with the passage of time.

  A. True

  B. False

  Correct Answer: A

• Question 313:

  when providers try to get one payor to pay for costs that have not been covered by another payor, this refers to:

  A. Cost Capacity

  B. Cost capitalization

  C. Cost-shifting

  D. Prospective cost

  Correct Answer: C

• Question 314:

  What change the basis of payment for hospital outpatient services from a flat fee for individual services to fixed reimbursement for bundled services?

  A. Cost payment system

  B. Ambulatory payment classifications

  C. Cost compliance and litigation

  D. None of the above

  Correct Answer: B

• Question 315:

  The key factors that have contributed to the higher cost of health care include:

  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

  Correct Answer: A