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9. Money Matters Post-test

To obtain nursing contact hours:
  1. Fill out the participant info and post test below,
  2. Send a check for $10.00 to (skip this step if you don't require CE's):

    HCET 
    Attn: Joyce Alley 
    9640 N. Augusta Drive, Suite 421
    Carmel, IN 46032

  3. Fill out the program evaluation (next page)

This site is under review to determine exact contact hours. Once the participant's answers have been graded, and a passing score of 75% has been achieved, the participant will receive a contact hour record in the mail.

Participant Information

First: MI:
Last:
Agency:
Job title:

Street address:
Address (cont):
City:   State: 
Zip:

Daytime phone:
Email:
Nurse license #:

Please choose one:
LPN
RN
Nurse Practitioner
Other

Post-test Questions - Module I

  1. Federal regulations require that each family planning project have a schedule of fees for the services provided. The flowing should be considered when setting the fee schedule.

    Charges must be based on a cost analysis of all services provided by the project
    Fees should be realistic and the cost of operation, yet be competitive to the local market
    A schedule of discounts is required for individuals with family incomes between 101% and 250% of the Federal poverty level
    All of the above

  2. Why is developing cost-based fees considered good business?

    Provides information to help your program know the cost of providing services
    Assists agencies in negotiating rates with various rate payers
    Helps you know what it really costs to provide services
    All of the above

  3. The minimal set of recommended cost center for family planning clinics includes medical, laboratory, and pharmacy.

    True
    False

  4. There is only one right way to collect cost data and allocate costs to each functional cost center.

    True
    False

  5. When doing a time study, each person who has worked during the reporting period should be allocated into only one functional cost center.

    True
    False

  6. It is important to allocate staff based precisely on the functions they provide, not on job title.

    True
    False

  7. The Nuva ring should be refrigerated at the clinic.
    True
    False

Module II Questions
  1. The acronym CPT stands for:

    Cost Per Treatment
    Current Procedure Terminology
    Codes for Patient Treatment
    None of the above

  2. Wisconsin's Medicaid Family Planning Waiver does not require CPT coding of procedures when facilitating reimbursement to clinics.

    True
    False

  3. A relative value is a number that relates one service to all other services based on the amount of:

    Time
    Materials
    Level of skill
    All of the above
    None of the above

  4. Relative values indicate the monetary value of one procedure in relation to another procedure.

    True
    False

  5. When completing Form One: Medical Cost Center, it is important to enter your current fees so you can evaluate whether your fees are appropriate in relationship to your costs.

    True
    False

  6. On Form Two: Counseling Cost Center, you capture routine counseling provided to all patients as part of a comprehensive visit.

    True
    False

  7. When completing Form Three: Laboratory Cost Center, the first step is entering the average cost of outside labs (purchase price).

    True
    False

  8. When completing Form Three: Laboratory Cost Center, the first step is entering the average cost of outside labs (purchase price).

    True
    False

Module III Questions

  1. How often should your fee schedule be evaluated?

    Monthly
    Twice a year
    Annually
    Every five years

  2. In general, discounted fees are based on family size and income and are directly related to the poverty level.

    True
    False

  3. When comparing your fees to the Medicaid reimbursement rate, your fees must be equal to or lower than their rates.

    True
    False

  4. Third party reimbursement is defined as: receiving payments from a source other than the patient.

    True
    False

  5. Various insurers usually cover the same services and reimburse at the same rates.

    True
    False

  6. There are several ways to improve your ability to bill a client. They include:

    “Set the stage” when the patient calls or walks in by discussing billing practices
    Ask “How do you intend to pay your bill?” like a private physician’s office would
    Get relevant billing and insurance information before the patient sees the provider
    All of the above

  7. A “prompt pay” discount, which provides a time value to money, can be offered to:

    Anyone or any entity settling an account at the time of service
    Allow for the scale to go above 250% in family planning programs
    Both of the above
    None of the above

  8. When CPT coding, you should identify all diagnoses, symptoms, conditions, problems, complaints, or reason for service or procedure, as well as including “probable”, “suspected”, “rule out”, or “questionable” diagnoses.

    True
    False

  9. Accounts receivable (A/R) is defined as how much money you are owed when bill payment is pending.

    True
    False

  10. Using a collection agency is encouraged by Title X.

    True
    False

  11.  

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©Health Care Education & Training, Inc.
URL: http://www.hcet.org/training/Mmatters/ModIII/9postt3.htm
 Last update: 07/09/08