Chapter 4 Flashcards
Understanding Revenue Management Cycle
Electronic Data Interchange (EDI)
computer-to-computer exchange of data between provider and payer.
Covered entities
private-sector health plans, managed care organizations, ERISA-covered health benefit plans and government health plans; all health clearinghouses; and all health care providers that choose to submit or receive transactions electronically
ANSI ASC x12N
an electronic format standard that uses a variable-length file format to process transactions for institutional, professional, dental and drug claims
clean claim
a correctly completed standardized claim
claims attachment
medical report substantiating a medical condition
coordination of benefits (COB)
provision in group health insurance policies that prevents multiple insurers from paying benefits covered by other policies; also specifies that coverage will be provided in a specific sequence when more than one policy covers the claim
claims processing
sorting claims upon submission to collect and verify information about the patient and provider
claims adjudication
comparing a claim to payer edits and the patient’s health plan benefits to verify that required information is available to process the claim, the claim is not a duplicate, payer rules and procedures have been followed, and procedures performed and services provided are covered benefits
noncovered benefit
any procedure or service reported on a claim that is not included on the payer’s master benefit list, resulting in denial of the claim
unauthorized services
services that are provided to a patient without proper preauthorization or that are not covered by a current preauthorization
common data file
summary abstract report of all recent claims filed on each patient
allowed charges
the maximum amount the payer will reimburse for each procedure or service, according to the patient’s policy
beneficiary
the person eligible to receive health care benefits
downcoding
assigning lower-level codes than documented in the the record
upcoding
assignment of a ICD-10-CM diagnosis code that does not match patient record documentation for the purpose of illegally increasing reimbursement
