MDA 145 Final Flashcards
CPT Level I modifiers are made up of how many digits?
2 digits
ICD-10 codes are made up of how many digits per category?
3 /7 digits
What is the last step in the coding process for CPT’s?
Determine the need for modifiers
In what format are healthcare claims sent?
Electronic & hard copy
What is the term for someone who is financially responsible for payment?
Guarantor, policy holder, insured
In ICD-10-CM coding, when a code needs a seventh character and no sixth character exists, how should you code it?
X place holder/dummy placeholder
Insurance policies can be written up for what type of individuals?
Insured
ICD-10 codes can have up to how many digits in total?
3-7 digits
CPT codes have how many digits?
5 digits
What can assignment of benefits authorize?
Physician submits claim for a patient in order to receive reimbursement for their services
Define down coding
Cost that us lower than what the procedure costs
What code would you use for DME’s (durable medical equipment)
HCPCS/CPT
List some common billing errors that can be made
Up-coding unbundling, no signature present, assumption coding, truncated coding, incorrect code linkage
How much would a patient owe for a noncovered service costing $900 if their insurance policy has a coinsurance rate of 80-20, and they have already met their deductible?
$900
Managed care organizations and indemnity plans typically offer what kind of plans?
lower deductibles
Define coinsurance
What you pay after your deductible
What is considered “out-of-network” for insurance
Out of state, hospital, & clinics that are not contracted with your insurance
What are the three key components of E/M coding?
History, exam, & medical decision making
How should you code if a diagnosis is not established
Code signs & symptoms
Where do medical insurance companies summarize the payments they may make for medically necessary medical services?
Schedule of benefits document
List the steps of the Revenue Cycle
preregister patients, establish financial responsibility, check in patient, review coding compliance, review billing compliance, check out patient, prepare and transmit clam, monitor payer adjudication, generate patient statement, remanence and collections.
Which type of insurance covers patients who are age 65 and over?
Medicaid
Define preauthorization
Approval of insurance company and referring physician
A computerized lifelong health care record for an individual is known as a? Electronic health record (EHR)
Electronic health record (EHR)