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Medical Administrative Practices

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Question
Answer
What is the 1st step in the billing cycle?   Pre-register Patients  
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What is the 2nd step in the billing cycle?   Establish Financial Responsibility  
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What is the 3rd step in the billing cycle?   Check In Patients  
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What is the 4th step in the billing cycle?   Check Out Patients  
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What is the 5th step in the billing cycle?   Review Coding Compliance  
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What is the 6th step in the billing cycle?   Check Billing Compliance  
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What is the 7th step in the billing cycle?   Prepare and Transmit Claims  
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What is the 8th step in the billing cycle?   Monitor Payer Adjudication  
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What is the 9th step in the billing cycle?   Generate Patient Statements  
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What is the 10th step in the billing cycle?   Follow Up Patient Payments and Handle Collections  
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What are the responsibilities of Step 1 in the billing cycle?   Collect name, contact information, insurance information, determine reason for visit and whether the patient is new or established.  
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What are the responsibilities of Step 2 in the billing cycle?   Find out if the patient has insurance and what percentage they will pay and what will be paid by the patient.  
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What are the responsibilities of Step 3 in the billing cycle?   Patient fills out a Patient Information Form which contains personal, employment, and insurance information. Their identity is identified and copay is collected.  
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What are the responsibilities of Step 4 in the billing cycle?   Documentation of the encounter is recorded on a medical record (chart). The physician gives a diagnosis and performs procedures which are translated into a standardized code that goes on an encounter form or superbill.  
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What are the responsibilities of Step 5 in the billing cycle?   Codes are assigned and should be logically connected so the medical necessity of the charges is clear to the insurance company.  
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What are the responsibilities of Step 6 in the billing cycle?   Analyze what can be billed on health care claims.  
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What are the responsibilities of Step 7 in the billing cycle?   Gather all information to send a claimto insurance company to receive payment.  
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What are the responsibilities of Step 8 in the billing cycle?   Monitor the adjudication process that the insurance company uses to determine if a claim should be paid.  
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What are the responsibilities of Step 9 in the billing cycle?   List all services and their charges plus the amount paid by the insurance company and the remaining amount that is owed by the patient.  
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What are the responsibilities of Step 10 in the billing cycle?   Keep track of payments made to a patients account and proceed with steps if payment is not made.  
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What is a policy holder?   The person who buys insurance, the insured.  
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What is a premium?   The amount the policy holder pays for health insurance.  
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What is coinsurance?   The percentage of charges that an insured person pays for health care services after paying the deductible.  
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What is a deductible?   The amount due before benefits start.  
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What is a diagnosis?   A physicians opinion of the nature of the patients illness or injury.  
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What is coding?   The process of translating a description of a diagnosis or procedure into a standardized code.  
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What is medical necessity?   The connection between an illness or injury and the treatment or means of diagnosing that is used by the physician.  
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What is an explanation of benefits (EOB)?   A paper document sent from the insurance company to the patient that shows what they are covering and how it was determined.  
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What are the Administrative Safeguards of HIPAA?   Policies and procedures that protect electronic health information. EX. Policy manual and training.  
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What are the Physical Safeguards of HIPAA?   Mechanisms required to protect electronic systems, equipment, and data. EX. Back up of computerized information, restricting access to computers.  
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What are the Technical Safeguards of HIPAA?   Automated processes used to protect data and control access to data. EX. Passwords, antivirus and firwall software, and secure transmission systems.  
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When is a patient considered a new patient?   When they have not received services from that provider for a period of 3 years or more.  
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When is a patient considered an established patient?   When they have received services from that provider within 3 years.  
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What is a guarantor?   The person who is financially responsible for the patients account.  
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What is a primary insurance carrier?   The first insurance carrier that a claim is submitted to  
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What are access rights?   A security option that determines who can have access to certain patient information as well as who has the right to enter or edit that information.  
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What is protected health information?   Information about a patient's health or payment for healthcare that can be used to identify the person.  
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What is a breach?   The access, use, or disclosure of protected health information that violates HIPPA's Privacy Rule.  
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What is a clean claim?   Claims that are done correctly and do not require additional documentation.  
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What is HIPAA?   Increases accountability and decreases fraud and abuse in healthcare system. Mandates standards for health information and ensures the security and privacy of health information.  
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What is a clearinghouse?   A company that receives claims from a medical provider, checks them for errors, and sends them to the insurance company.  
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