Intro to HB Revenue Cycle

Question 1

What holds the hospital charges for a hospital-based encounter?
A-Guarantor account
B-Coverage Record
C-Hospital account

Answer 1

Hospital Account

Question 2

True or False: All liability buckets are created when you initiate billing on the hospital account?

Answer 2

False-the self pay and pre-billed buckets are created when the hospital account is created. the primary insurance bucket is created when you initiate billing. Non-primary insurance buckets are created after an NRP action performed on the previous insurance bucket.

Question 3

A hospital account must have a status of what to be considered for claim processing? chose only 1 answer
A-Open
B-Created
C-DNB
D-Billed
E-Outsanding

Answer 3

Billed