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CPC Study - Reimbursement Issues

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Question
Answer
What is covered by Medicare Part A?   Hospital and Institutional Care  
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What is covered by Medicare Part B?   Supplemental - nonhospital (Physician services, medical equipment)  
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What is covered by Medicare Part C?   Medicare Advantage Plans - PPO, HMO, PPFS, MSA, Special Needs Plans  
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What is covered by Medicare Part D?   Prescription Drug Coverage (MA-PDs and PDPs)  
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What Department does the CMS answer to?   Dept. of Health and Human Services  
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Who runs Medicare and Medicaid?   The Centers for Medicare and Medicaid Services (CMS)  
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Who pays out Medicare claims?   Medicare Administrative Contractors (MACs)  
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These codes are for drugs, supplies, equipment and special services:   HCPCS codes  
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These are diagnosis codes:   ICD-9 Codes  
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These are Procedural Codes:   CPT Codes  
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What is unbundling?   Billing multiple procedure codes for a group of procedures covered by a single comprehensive code.  
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Which issue of the Federal Register contains outpatient facility updates?   November/December  
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What replaced the RBRVS?   the NFS (National Fee Schedule)  
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This office outlines the Medicare monitoring program:   OIG  
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What does an ABN notify a patient of?   services probably not covered by Medicare and their estimated cost.  
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If both parents have insurance coverage, which one holds the primary coverage for the dependent?   The parent with the birthday earliest in the calendar year.  
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What abbreviation signifies non-disposable medical equipment?   DME  
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What is a Point of Service Plan?   A plan where in-network providers are paid at a higher rate than out-of-network providers.  
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Management of multiple third-party payments to ensure overpayment does not occur:   COB  
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CMS delegates the daily operation of Medicare to:   MACs  
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A PAR Provider is one who:   Signs and agreement with the MACs  
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Assignment   Medicare's payment for service, which participating physicians agree to accept as payment in full  
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This is known as the APC:   Outpatient Prospective Payment System  
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Who is the APC applicable to:   Medicare patients  
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Special Report   required to assist in the determination of the medical appropriateness of a service that is rarely provided, unusual, variable or new  
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