Financial Certified Healthcare Professional (CHFP) CHFP Dumps in PDF

Free Financial CHFP Real Questions (page: 4)

Which one of the following systems is used to classify inpatients based o their diagnoses, used by both Medicare and private insurers?

  1. Diagnosis-related groups
  2. Proactive payments system
  3. Payment insurance group
  4. None of the above

Answer(s): A



A system that pays providers a specific amount in advance to care for defined health care needs of a population over a specific period is called:

  1. Health care system
  2. Prospective payments system
  3. Global payment system
  4. Capitation

Answer(s): D



Risk pool is:

  1. A generally small population of individuals who are all uninsured under the same arrangement, regardless of working status
  2. A generally large population of individuals who are all insured under the same arrangement, regardless of working status
  3. A generally large population of groups who are all uninsured under the different arrangement, regardless of working status
  4. A generally small population of individuals who are all insured under different arrangement, regardless of working status

Answer(s): B



A system to pay providers whereby the fees for all providers are included in a single negotiated amount is called:

  1. Single member per month payment
  2. Global payment
  3. Revolutionary payment
  4. Ambulatory payment

Answer(s): B



Which organizations are the third party entities that contract with multiple hospitals to offer cost savings in the purchase of supplies and equipment by negotiating large-volume discounted contract with vendors?

  1. Cost saving organizations
  2. Global payment organizations
  3. Group purchasing organizations
  4. Cost-accounting organizations

Answer(s): C



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