Working with Cost Centers

Question 1

What does the exclamation point (!) in the HB Cost Center Revenue Report indicate? Chose only ONE option
A.) The charge is associated with the cost center but has not been used in that cost center
B.) The charge is caught in the a charge review WQF
C.)The charge is missing a cost center
D.) The charge was used in that cost center even though it is not associated cost center for the charge

Answer 1

D.) The charge was used in that cost center even though it is not associated cost center for the charge

Question 2

True or False: All charges with incorrect cost centers must be stopped in charge review WQFs and the cost center corrected before the charges can post.

Answer 2

False. In the foundation system, error/unassigned cost centers are caught in WQFs, Unassociated cost centers are posted to the account then fixed.

Question 3

Blood draw charges at your organization should be assigned the Hematology cost center. However, you realize the logic to do that was never built into the cost center assignment table.
Part 1: What should you do first to fix this?
A.) Find all blood draw charges previously posted and change the center to Hematology.
B.) Build a WQF to stop all blood charges so the cost center can be manually changed to Hematology.
C.)Add logic for blood draw charges to the cost center assignment table that will assigned them to Hematology.
Part 2: What should you do next?
A.)Find all blood draw charges previously posted and change the center to Hematology.
B) Build a WQF to stop all blood charges so the cost center can be manually changed to Hematology
C.)Add logic for blood draw charges to the cost center assignment table that will assigned them to Hematology.

Answer 3

C.)Add logic for blood draw charges to the cost center assignment table that will assigned them to Hematology.

A.) Find all blood draw charges previously posted and change the center to Hematology.

Question 4

True or False: A charge can only have one assigned cost center at a time

Answer 4

True

Question 5

True or False: A charge code can only have one associated cost center at a time.

Answer 5

False; associated cost centers are as list of all cost centers that could make sense for a charge code.