Exam (elaborations)
MEDICAL BILLING AND CODING CHAPTER 1 QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
- Course
- Institution
MEDICAL BILLING AND CODING CHAPTER 1 QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
[Show more]
Content preview
MEDICAL BILLING AND CODINGCHAPTER 1 QUESTIONS AND ANSWERS
WITH SOLUTIONS 2024
Manged Care - ANSWER a system in which healthcare is monitored. Health care provider contract with a
health insurance company.
What percentage does physicians and nurses make up? - ANSWER 40% of all healthcare providers
Solo/private facilities - ANSWER The receptionist and medical biller are often cross-trained. Staff may
consist of nurse, receptionist and a medical biller and/or office manger.
small group practice - ANSWER four or five general practitioner. they contract out their billing and
accounts receivable.
large- group practice/ specialized practice - ANSWER commonly handles claims and accounts receivable
in house.
multi-specialty clinic - ANSWER group of physicians with several specialties provides service under each
specialty.
Most hospitals are owned by whom? - ANSWER corporations
What does HCA stands for? - ANSWER Hospitals Corporation of America
Patient Account Services (PAS) - ANSWER these facilities handles hospitals' claims and account receivable
for the state in which the PAS facility is located.
Who uses Centralized Billing Offices ( CBO) ? - ANSWER physicians, multi-site or multi-physicians who
chooses not to handle claims with there facility then a contract can be signed with a CBO. CBO handles
their claims and account receivable.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Performance. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75057 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now