Fitz professional issues Flashcards
Dual eligible
Receives Medicaid and Medicare
Medicaid definition
publicly financed health and long term care coverage for low-income people
Prospective payment system
-Pays the provider a set amount based on the applicable Diagnosis Related Group
Four elements of malpractice
duty of care
breach of standard of care
injury
proximal cause
Standard of care
care that a reasonable, similarly situated professional would have provided for an individual
CPT stands for
Current Procedural Terminology
ICD stands for
International Classification of Diseases
When billing Medicaid, NP’s authority to bill comes from
state and federal law
When billing commercial insurance, NP’s authority to bill comes from
state law and/or the commercial payers
Are capitated rates negotiable
yes
When billing Medicare, NP’s authority to bill comes from
state law
Components of evaluation and care
- taking history
- physical exam
- medical decision making
- counseling
- coordination of care
Fee-for-service
-every procedure performed has an associated payment
Capitated system of reimbursement
-agency recieves set amount per month for all services needed by the patient and covered under a contract between payer and practice company
What are capitation rates based on
-profit projections and actuarial data