Some HIM Departments Sometimes Choose to Perform Concurrent Review Instead

question 41

Multiple Choice

Some HIM departments sometimes choose to perform concurrent review instead of retrospective review, most likely because:

• A) Concurrent review is more time efficient.
• B) Retrospective review is more time efficient.
• C) Retrospective review cannot affect care for patients who have already been discharged.
• D) Concurrent review cannot affect care for patients who have already been discharged.

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Definitions:

Note Receivable

A written promise to receive a specific amount of money at a future date.

Cash To Be Received

Expected cash inflows from various sources, such as sales, loans, and investments, not yet received but anticipated in the future.

Interest Rate

The percentage of the loan amount charged to the borrower as interest, usually presented as an annual rate.

IFRS

The International Financial Reporting Standards are a set of global accounting standards developed by the IFRS Foundation for preparing financial statements.