CPCA Basic Math 4 — Questions and Answers
Question 1: A patient's total bill is $4,200. Insurance pays $3,150. What percentage did insurance pay?
- 75% (Correct answer)
- 25%
- 80%
- 70%
Correct answer: 75%
Percentage paid = ($3,150 ÷ $4,200) × 100 = 75%.
Question 2: A physician's gross income is $280,000/year. If overhead expenses are 42%, what is the net income?
- $162,400 (Correct answer)
- $117,600
- $280,000
- $176,400
Correct answer: $162,400
Overhead = 42% × $280,000 = $117,600; net income = $280,000 − $117,600 = $162,400.
Question 3: A patient receives a 30-day supply of medication with 3 refills allowed. What is the total day supply the patient can receive?
- 120 days (Correct answer)
- 90 days
- 30 days
- 150 days
Correct answer: 120 days
Total = original fill + 3 refills = 4 × 30 days = 120 days.
Question 4: A coder has 216 charts to review in 4 days, working 6 hours per day. How many charts must be completed per hour?
- 9 (Correct answer)
- 8
- 6
- 12
Correct answer: 9
Total hours = 4 × 6 = 24; charts per hour = 216 ÷ 24 = 9.
Question 5: A claim shows a billed amount of $500, an allowed amount of $350, and a patient copay of $40. How much will the insurance pay after the copay?
- $310 (Correct answer)
- $460
- $350
- $150
Correct answer: $310
Insurance pays = allowed amount − copay = $350 − $40 = $310.
Question 6: A hospital collects $1.2 million in revenue. If 6.5% goes to bad debt, how much is lost to bad debt?
- $78,000 (Correct answer)
- $7,800
- $780,000
- $18,462
Correct answer: $78,000
Bad debt = 6.5% × $1,200,000 = 0.065 × $1,200,000 = $78,000.
Question 7: A practice has 5 physicians each seeing 24 patients per day, 4 days per week. How many total patient visits occur in a week?
- 480 (Correct answer)
- 120
- 96
- 600
Correct answer: 480
Total = 5 physicians × 24 patients × 4 days = 480 patient visits.
CPCA Basic Math 4
A patient's total bill is $4,200.
Insurance pays $3,150.
What percentage did insurance pay?