RHIT - Registered Health Information Technician Revenue Cycle Management 2

Question 1

What is the first step in the healthcare revenue cycle?

Accepted Answer

Patient pre-registration and scheduling including insurance verification

Answer

Claims submission

Answer

Payment posting

Answer

Accounts receivable follow-up

Question 2

What is the purpose of a remittance advice (RA)?

Accepted Answer

To communicate the payer's payment decision for each claim line including amounts paid and denial reasons

Answer

To schedule appointments

Answer

To verify patient identity

Answer

To order supplies

Question 3

What is the difference between a 'clean claim' and a 'rejected claim'?

Accepted Answer

A clean claim has all required data and processes smoothly; a rejected claim has errors preventing processing

Answer

Clean claims are on white paper

Answer

Clean claims are for Medicare

Answer

There is no difference

Question 4

What is accounts receivable (A/R) management?

Accepted Answer

Tracking, managing, and collecting outstanding payments owed from payers and patients

Answer

Managing savings accounts

Answer

Managing vendor invoices

Answer

Tracking employee payroll

Question 5

What is the role of charge capture in the revenue cycle?

Accepted Answer

To ensure all billable services are accurately documented and entered into the billing system

Answer

To capture photographs

Answer

To record patient complaints

Answer

To monitor parking charges

Question 6

What is the purpose of the Recovery Audit Contractor (RAC) program?

Accepted Answer

To identify and recover improper Medicare payments through post-payment claim reviews

Answer

To help patients recover from illness

Answer

To recover stolen equipment

Answer

To recruit healthcare workers