100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Medical Office Management Final Exam Questions And Correct Answers $11.49   Add to cart

Exam (elaborations)

Medical Office Management Final Exam Questions And Correct Answers

 4 views  0 purchase
  • Course
  • Medical office
  • Institution
  • Medical Office

Medical Office Management Final Exam Questions And Correct Answers EOB - answerexplanation of benefits when is an eob issued? - answeronly when insurance is involved What is working poor? - answernot enough hours to qualify for health insurance. Hours based not economic based Absentee managem...

[Show more]

Preview 2 out of 7  pages

  • August 28, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Medical office
  • Medical office
avatar-seller
Thebright
©THEBRIGHT EXAM STUDY SOLUTIONS 8/22/2024 12:54 PM



Medical Office Management Final Exam
Questions And Correct Answers

EOB - answer✔✔explanation of benefits

when is an eob issued? - answer✔✔only when insurance is involved

What is working poor? - answer✔✔not enough hours to qualify for health insurance. Hours
based not economic based

Absentee management - answer✔✔the MD is not there.

managed care - answer✔✔predetermined fee

what is cobra? - answer✔✔allows the individual to keep insurance up to 18 months even though
you left the employer.

consierge - answer✔✔additional fee but better access to the doctor

ABN - answer✔✔advanced beneficiary notification

what is ABN - answer✔✔a clinic has to collect payment on charges not allowed by medicare or
medicaid.

adjustment - answer✔✔a reduction in bill. government guidelines for when this is allowed.

professional courtesy - answer✔✔charging reduced or no fees. *fraud*

write off/ write down - answer✔✔dr cannot collect the money that was adjusted in the patients
bill

day sheet/ daily log./ daily ledger - answer✔✔all the financial transactions for the day

CAP - answer✔✔charges, adjustments and payments

accounts receivable - answer✔✔the total amount of money owed to the medical facility by the
patients

book keeping - answer✔✔recording day to day accounts or transactions

what can day sheets cause? - answer✔✔running balances

, ©THEBRIGHT EXAM STUDY SOLUTIONS 8/22/2024 12:54 PM

posting - answer✔✔Transferring data from the journal to the ledger

ledger - answer✔✔also known as patient account. it is a record of charges payments and
adjustments for individual patient or family.

encounter form - answer✔✔document that identifies the procedures preformed, diagnosis,
charges, and when to return. patient gets a copy as well

pegboard system - answer✔✔most commonly used manual medical accounts receivable system.
MANUAL SYSTEM OF BOOKKEEPING

what are other terms for the encounter form? - answer✔✔charge slip, multipurpose bill, super
bill

ICD codes - answer✔✔Diagnosis codes

CPT codes - answer✔✔procedure codes, what did the dr do for you?
always a minimum of 5 digits

what does a complete pegboard consist of - answer✔✔day sheet, ledger cards, encounter forms,
and receipt forms

when are accounts receivable - answer✔✔1. when the money is owed to the MD
2. for the insurance company
3. for medicare, medicaid and private insurance

what is on a ledger - answer✔✔service, payments, write offs

LDM - answer✔✔level of decision, determines how much the MD gets payed... how smart did
he have to be to do this.

E/M - answer✔✔Evaluation of Management AKA office visit

for the cpt the higher in the bracket... - answer✔✔the higher the DR wants to get payed

NPI - answer✔✔National Provider Identifier- (like an employee number for the DR).

aging account - answer✔✔how old the account is

how can the account age? - answer✔✔patient, insurance company

how often does aging occur - answer✔✔every 30 days until 91+

how do you unlock the account? - answer✔✔have to make a reverse entry

checking account - answer✔✔where you pay your day to day bills.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Thebright. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67163 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart