Assignment: Medicaid Payments Assignment: Medicaid Payments

Assignment: Medicaid Payments

Assignment: Medicaid Payments

Permalink: https://collepals.com/assignment-medicaid-payments/ ‎

Permalink: http://topclassesays.com/assignment-medicaid-payments/

Question 1   What are the two types of forms used for health services billing?    CMS 1501 and CMS 1450    UB 04    CMS 1100 and CMS 1450    UB-05 and UB-1450

Question 2   Describe how Medicaid payments to providers are limited by the federal government.    The payments to providers are not limited by the federal government but rather by state agencies that have predetermind estimates.    The law requires that Medicaid payments to qualified hospitals, nursing facilities, ICF/MRs, and clinics not exceed a reasonable estimate of the amount that Medicare would pay for equivalent services in the aggregate within state-owned or operated, non-state-owned or operated, and private facilities.     CMS reviews state payment methodologies and supporting documentation to ensure that the state plan methodology may be audited and is comprehensively described and that payment rates are economic, efficient, and sufficient to attract willing and qualified providers.    All of the statements are correct.    None of the statements are correct Assignment: Medicaid payments

Question 3   What is charge explosion?    When charges increase dramatically over a set period of time    When the set of charges is explained in line item fashion on a master bill    When a uniform set of supplies is utilized for a services or procedure    When charge masters are delivered to a large group all at once  How does the False Claims Act (FCA) impact providers of health care services?    Under the FCA, health care providers who knowingly make false or fraudulent claims to the government are fined $5,500 to $11,000 per claim plus up to three times the amount of the damages caused to the federal program.    Under the FCA, health care providers who knowingly make false or fraudulent claims to the government are fined $1,500 to $110,000 per claim plus up to three times the amount of the damages caused to the federal program.    Under the FCA, health care providers who knowingly make false or fraudulent claims to the government are fined $5,500 to $11,000 per claim plus up to five times the amount of the damages caused to the federal program.    Under the FCA, health care providers who knowingly make false or fraudulent claims to the government are fined $5,500 to $10,000 per claim plus up to 10 times the amount of the damages caused to the federal program. Assignment: Medicaid payments

Question 5   What are the elements that should be present, at a minimum, in all charge masters?    The six elements are: charge code, item description, department number, charge (price), revenue code, and CPT/HCPCS code.    Only three are required. Those are charge code, item description, and charge (price).    The five elements are charge code, item description, department number, charge (price), and CPT/HCPCS code.    The six elements are: charge code, item description, physician, charge (price), revenue code, and CPT/HCPCS code.

Question 6   Prosecution under the FCA requires that specific intent to defraud the government was present.   True   False

Question 7   What is the objective in a managed-care environment that often leads to conflict between hospitals and doctors?    Increase in patient load    Empty hospital beds    Decrease costs    Increase specialist referrals

Question 8   Increased emphasis on which of the following by both Medicare and Medicaid have also provided a strong incentive for hospitals and nursing homes to either merge or establish affiliation arrangements?    Direct payments    Bundled payments    Prospective payments    Retrospective payments

Question 9   What factors contribute to the complexity of the revenue cycle in health care?    Nature and importance of services provided and regulation     Size of the industry (amount of money involved)    Cost of care and third-party payer system (most of the payments for services are not directly from the recipient of those goods and services)    “Diversity and complexity of patients, providers, payers, payment methods, and care settings; and nonstandardization of care”

Question 10   What type of physician alignment is most appealing to physicians because their control is maximized in this type of organizational setting?    Alignment with hospitals    Alignment with health plans    Alignment with other physicians    Alignment with other medical groups

Question 11   Most of the major coverage provisions of the Affordable Care Act went into effect in what year and gave millions of people coverage under the law?    2010    2012    2014    2015

Question 12   Governmental healthcare organizations are able to raise funds through equity investments.  True   False

Question 13   What piece of legislation prohibits a person from receiving income from a pattern of activity, including committing an enumerated act (such as mail or wire fraud), at least twice in 10 years?    Anti-Kickback Statute    Stark Physical Self-Referral Law    Patient Protection and Affordable Care Act    Racketeer Influenced and Corrupt Organizations Act

Question 14   The financial manager’s main responsibility is to acquire and use funds so as to maximize the firm s value. Their main functions may include: forecasting and planning, making major investment financing decisions, coordinating and controlling, dealing with the financial markets, and managing public opinion.  True   False

Question 15   For what reason is physician expenditures increasing?    Increased use of physician services    Reduced accessibility to adequate health care    Increased regulation for physician practices    Decreased number of specialist referrals

Question 16   __________ is often referred to as the antidumping law because it prohibits hospitals from transferring an emergency patient to another hospital simply because of the patient’s inability to pay.    EMTALA    HIIPA    Stark Law    Sherman Act

Question 17   The earnings of an investor-owned corporation can be subject to double taxation.  True   False

Question 18   Providing medically unnecessary care to a patient and then billing Medicare for it is an example of Medicare fraud.  True   False

Question 19   What are primary uses of financial information?

Question 20   Should hospitals and physicians undercode Medicare patient stays and patient visits in order to reduce the possibility of being charged under the False Claims Act?    No. Coding experts believe any inaccurate coding is bad coding.    Yes. For multiple reasons, coding experts believe that this is an acceptable practice used to keep the hospital/physician practice in business and away from government scrunity.    Neither answer listed is correct.    Both answers listed are correct.

Question 21   In order for integration with other physicians to be successful, what person is needed to arrange the financing of capital needs and to provide administrative leadership?    Managing physician    Physician liaison    Physician activist    Executive physician

Question 22   FCA charges against providers can be brought by individuals under a qui tam action.  True   False

Question 23   One of the advantages of a nonprofit organization compared with an investor-owned company is that the investor-owned company is subject to federal income taxes.  True   False

Question 24   EMTALA allows a hospital to transfer an emergency patient to another hospital because of the patient’s inability to pay.  True   False

Question 25   What are the six stages of the revenue cycle?    Submission of the bill or claim to the respective payer     The provision of services to the patient     Generation of charges for services     Preparation of a bill or claim    Collection of payment     Documentation of services

Question 26   What is the difference in ownership between a sole proprietorship, a partnership, and a corporation?    A sole proprietorship is a business owned by one individual.    A partnership exists when two or more persons associate to conduct a business.    A corporation is a legal entity created by a state. The corporation is separate and distinct from its owners and managers.    All of the statements are correct.

Question 27   Which of the following covers nearly 100% of hospital service charges but is subject to a 20% coinsurance payment for most physician services?    Medicare    Medicaid    HMOs    Indemnity plans

Question 28   How does the Stark Law impact physicians?    The Stark Law prohibits a physician from referring a patient for certain designated health services to an entity with which the physician has a financial relationship.    A provider may not bill Medicare for a claim based on a prohibited referral.    Unlike antikickback statutes, the Stark Law does not include an intent requirement. In addition, the Stark Law applies only to referrals made by physicians.    The Stark law does not impact physicans at all and is mainly directed towards outside entites that may develop financial relationships with Medicare directly.    All of the statements are correct.    None of the statements are correct.

Question 29   Hospital emergency room personnel are permitted to query the patient regarding his or her financial or insurance status at any time as long as the patient initiates such a discussion.  True   False

Question 30   Which of the following covers nearly 100% of hospital service charges but is subject to a 20% coinsurance payment for most physician services?    Medicare    Medicaid    HMOs    Indemnity plans  Question 31   Assume that an ambulance brought Cindy Roe to the emergency department of Grace Medical Center. She decides to leave the hospital without receiving treatment. The attending physician and the hospital staff offer Cindy medical examination and treatment within the hospital before she leaves. Cindy refuses treatment and refuses to sign an informed consent, and they let her go. The physician/hospital most likely has violated EMTALA.  True   False

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Ace Writing Center has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At Ace Writing Center, Nowadays, students normally have extremely busy schedules. You will note that some of them have to take on some evening or weekend jobs in order to get some income that can help them to sustain in college or in the university. This can deny them a chance to write all the essays given. Others usually get bombarded with a lot of work by their lecturers. This can still delay such students from working on all their essays. However, some of them usually try to work on all these essays but end up delivering their work late. This can prevent them from graduating since most lecturers are strict on deadlines. If you want to write a business essay, the wise way is to hire an outstanding essay writing service like us, so that you can get the best results. If you are keen, you will note that many companies usually overcharge their customers. Some of them are there only to make money. And in reality, they really don’t care to build a long term commitment with students. You should not choose such companies. You should take your time and choose a reliable company to work with. Ace Writing Center is the ultimate solution for you. We have been offering our writing service for more than 7 years. This is a clear indication that you will get quality essay writing service. We have a wide range of writers who can work on any business essay that you might have. We believe in doing extensive research so that we can provide quality work to all our clients. .

Admissions

Admission and Business Papers

Have you ever had to write an admission essay for college? The majority of students face the same issues when applying to a university or college and many in such situations decide they need professional help to cope with this matter. They get in a situation when the deadline keeps coming closer but lack motivation to start because they are just not sure if their writing skills are strong enough. We have a solution for you! Ace Writing Center is the best admission essay writing service with a large professional team and years of experience in providing high-quality papers to students of all levels and faculties. The mission of our team is to help students make their dreams of entering a good college come true and that’s what we offer!.

Editing

Editing and Proofreading

Sometimes all the words for your paper just flow out of your mind and into your fingers. You type quickly at your keyboard and there they are, your beautiful words right there on the screen. But you have no idea how to polish it up. You may be wishing there was a paper writing service that offered this type of writing service. Look no more! Here at Ace Writing Center, we offer you an editing and proofreading option that you can't find anywhere else..

Coursework

College Essay Writing

In case you are familiar Ace Writing Center, you know the way to distinguish a better company from a cheap one exactly. First of all, poor service website does not have a sufficient support. We think support team is an essential part of success; it has to answer all clients’ questions and be a connecting link between clients and their writers. On our web-service you will get answers about anything you need and your writer will receive all your instructions, assignments and requirements exactly and swiftly. A writing service that we run has got a flexible pricing system that will save you from senseless wastes and many bonus systems that let you sparing money for something important for you.