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A Program That Contracts with CMS to Review Medical Necessity

question 42

Multiple Choice

A program that contracts with CMS to review medical necessity and appropriateness of inpatient medical care is known as a

Identify the factors considered by courts in cases of first impression.
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Definitions:

Revenue Recognition Principle

An accounting guideline stating that revenue should be reported when it is earned and realizable, regardless of when the cash is received.

Accounting Period

A specific duration of time, such as a month, quarter, or year, over which financial activities are recorded and reported.

Cash Received

The amount of money taken in by a business during a particular period, including transactions in cash and equivalents.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used for most general and financial purposes.

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