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Module 7

HSA 6197 Practice Questions

QuestionAnswer
Which of the following are stages of the revenue cycle? (Select all that apply) ✅ Denials Management & Appeals ✅ Coding & Compliance ✅ Patient Access & Registration ✅ Payment Posting
ERP systems in healthcare commonly manage which of the following? (Select all that apply) ✅ Human Resources & Payroll ✅ Clinical Supply Integration ✅ Finance & Budgeting ✅ Procurement & Supply Chain
Which of the following metrics are standard revenue cycle performance indicators? (Select all that apply) ✅ Days in Accounts Receivable (A/R) ✅ Denial Rate
Which regulations directly impact healthcare financial IT systems? (Select all that apply) ✅ HIPAA ✅ Stark Law ✅ No Surprises Act ✅ MACRA/MIPS ✅ CMS Price Transparency Rule
Which of the following are risks associated with poor ERP and supply chain management? (Select all that apply) ✅Stockouts delaying patient care ✅Just-in-Time inventory breakdowns in crises ✅ Duplicate supply orders increasing costs
Which of the following are examples of metrics used in budgeting and cost accounting? (Select all that apply) ✅Operating Margin ✅Contribution Margin ✅ Debt Service Coverage Ratio (DSCR) ✅EBITDA
Which AI and automation tools are used in healthcare financial systems? (Select all that apply) ✅ Denial Prediction Models ✅ Conversational AI Chatbots ✅ Computer-Assisted Coding (CAC) ✅ AI Scheduling Tools
Which of the following is a standard revenue cycle metric? (Select all that apply) ✅ Days in Accounts Receivable (A/R)
Which of the following are best practices in vendor selection and governance for financial IT? (Select all that apply) ✅ Evaluating Total Cost of Ownership (TCO) ✅ Issuing RFPs with clear requirements ✅ Using a RACI Matrix for accountability ✅ Maintaining a Risk Register
Looking ahead, which trends are shaping the future of healthcare financial systems? (Select all that apply) ✅ Clinical + Financial Data Integration ✅ Automation and AI Governance ✅ Consumer-Driven Finance ✅ Wearable Device Reimbursement Systems (emerging)
Created by: JWoodhams90
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