Insurance Flashcards
how is healthcare or medical services are paid
healthcare reimbursement
how can claims be denied
inadequate documentation, treatment not covered, or hospilization stay exceeds coverage
who reviews for diagnoses & procedures related to the current episodes of care
medical coders
what describes the diagnosis, services or procedures
codes
a bill for services submitted by a health care provider
claim
people or facilities that provide healthcare services
healthcare providers
those who reimburse healthcare providers for delivering services
third party payer
refers to how hospitals, drs offices, and other providers of medical services get paid?
reimbursment
Healthcare providers to all pple regardless of age, job status, income, and race
universal healthcare
what is healthcare generally reimbursed by
third party payers
what are some 3rd party payers?
private (commercial) or gov based
what is medicare
prospective payment system
what is PPS (prospective payment system)?
amount that is determined before patient gets healthcare services
Which Fees-for-service reimbursment method has the patient or provider submit claim to the third party payer for services
traditional for fee service
Which case is reviewed before services are delivered
prospective review
which case is reviewed for apprt after discharge
retrospective review
What method is when 1 payment is made to compensate providers for ALL services provided to patients for specific period of time?
Episode of care reimbursment
Which method is different from traditional f.f.s methods
Capitations
based off of pre-established payments for specific period of time
Capitations
what means that managed care plan pays the provider a fixed amount on a capita or person.
capitation
what happens when the reimbursed amount is more than services the provider provided?
the physician keeps additional amount
what happens if the services provided cost more than the capita amount
physician doesnt get reimbursed and loses money
list of healthcare services and procedures & the charges associated with them
chargemasters
list of charges for items used or services rendered during a patient’s care
fee schedule
lump sum or bundled payments are made to providers for all services by time period
episode of care reimburshment
what is the first step for claims and reimbursement
coder reviews medical records + documents diagnosis and procedures after discharge
Second step in claims and reimbursement
coder enters diagnosis and procedures into specialized coding computer program
third step in claims and reimbursement
computer program translates diagnosis and procedures into numerical codes
step four in claims and reimbursement
computer program groups all codes into one numerical classifciation system MS-DRG
step five in claims and reimbursement
diagnosis codes/procedures codes + MS-DRG reported on claim form
sixth step for claims and reimbursement
completed claim form sent to insurance for reimbursement
seventh step for claim and reimbursement
insurance co equates # code + MS-DRG to specific reimbursement amount