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RHB102 - Resolute Hospital Billing Fundamentals for SBO Exam Practice Questions and Answers $11.49   Add to cart
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RHB102 - Resolute Hospital Billing Fundamentals for SBO Exam Practice Questions and Answers
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RHB102 - Resolute Hospital Billing Fundamentals for SBO Exam Practice Questions and Answers What is the purpose of Hospital Billing, and where is it used? - ANSWER-Hospital Billing is how we bill for the services provided and resources used by patients at a hospital. Hospital billing charges ar...

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  • November 4, 2024
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  • 2024/2025
  • Exam (elaborations)
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Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024




RHB102 - Resolute Hospital Billing

Fundamentals for SBO Exam Practice

Questions and Answers


What is the purpose of Hospital Billing, and where is it used? - ANSWER✔✔-Hospital Billing is how we

bill for the services provided and resources used by patients at a hospital. Hospital billing charges are

often technical charges. Most of the time, Resolute Hospital billing is only used to bill for charges that

accrue in a hospital though it can be used for any technical charges used in the organization.


What is accounts receivable? - ANSWER✔✔-accounts receivable refers to a facilities outstanding dollars

that are due from patients, insurance companies, third party payers, Etc. These dollars are most often

categorized by patient, payor, and third party.


What is single billing office? - ANSWER✔✔-Single Billing Office (SBO) is an operational model that

combines PB and HB self-pay and guarantor related work flows into a single workflow. Areas of the

revenue cycle that are operationally combined include customer service, statements, self pay

Collections, and self pay credit resolution.


HB HAR - ANSWER✔✔-Store HB charges, payments and adjustments for an encounter


Min Days - ANSWER✔✔-set number of days between discharge and attempting to bill a HB HAR


HAR (Hospital Account Records) - ANSWER✔✔-records are used as containers for charges in both

Hospital billing and professional billing.



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, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024


Initiate Billing (liability assigned) - ANSWER✔✔-Moment we attempt to bill the balance on the HB HAR


How are buckets used in the Revenue Cycle - ANSWER✔✔-to assign and track Financial liability for an HB

HAR throughout the revenue cycle


What are the three most common types of buckets - ANSWER✔✔-pre-billed, insurance, self-pay


holds charges before they are signed to another bucket. (All charges from hospital stay) - ANSWER✔✔-

What is the Pre-Billed (created) Liability Bucket


Insurance Liability Bucket - ANSWER✔✔-holds charges, payments, and adjustments assigned to a specific

insurance


Self-Pay Liability Bucket - ANSWER✔✔-holds charges, payments, and adjustments assigned to the

guarantor


What are the 3 statuses of Liability Buckets? (3 responses) - ANSWER✔✔-1. Created


2. Outstanding


3. Closed


Liability bucket status of Outstanding - ANSWER✔✔-Balance of that bucket has been communicated. For

insurance buckets this means the claim was accepted in Epic. For self-pay buckets the balance is an

accepted statement


Liability bucket status of Closed - ANSWER✔✔-No balance exists on the bucket


Liability bucket status of Created - ANSWER✔✔-All buckets start in this status. No communication with

the entity that owes has been made.




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