Reimbursement Terminology Flashcards
Advance Beneficiary Notice
Notification in advance of services that Medicare may not pay for them, including the estimated cost to the patient
Notification in advance of services that Medicare may not pay for them, including the estimated cost to the patient
Advance Beneficiary Notice
ABN
Advance Beneficiary Notice
Ancillary Service
A service that is supportive of care of a patient, such as laboratory services
A service that is supportive of care of a patient, such as laboratory services
Ancillary Service
APC
A classification system used to group like services based upon clinical similarities and resources utilized
A classification system used to group like services based upon clinical similarities and resources utilized
APC
Assignment
A legal agreement that allows the provider to receive direct payment from a payer and the provider to accept payment as payment in full for covered services
A legal agreement that allows the provider to receive direct payment from a payer and the provider to accept payment as payment in full for covered services
Assignment
Attending Physician
The physician legally responsible for oversight of an inpatient’s care
The physician legally responsible for oversight of an inpatient’s care
Attending Physician
Beneficiary
The person who benefits from insurance coverage
The person who benefits from insurance coverage
Beneficiary
Beneficiary is also known as…(5)
Subscriber
Dependent
Enrollee
Member
Participant
Birthday Rule
When both parents have insurance coverage, the parent with the birthday earliest in the year is the primary coverage for the dependent
When both parents have insurance coverage, the parent with the birthday earliest in the year is the primary coverage for the dependent
Birthday Rule
Certified Registered Nurse Anesthetist
An individual with specialized training and certification in nursing and anesthesia
An individual with specialized training and certification in nursing and anesthesia
Certified Registered Nurse Anesthetist
CRNA
Certified Registered Nurse Anesthetist
Charge Description Master
Record of services, procedures, supplies, and drugs with corresponding codes, descriptions, and charges billed
Record of services, procedures, supplies, and drugs with corresponding codes, descriptions, and charges billed
Charge Description Master
Co-Insurance
Cost-sharing of covered services
Cost-sharing of covered services
Co-Insurance
Compliance Plan
Written strategy developed by medical facilities to ensure appropriate, consistent documentation within the medical record and ensure compliance with 3rd-party payer guidelines
Written strategy developed by medical facilities to ensure appropriate, consistent documentation within the medical record and ensure compliance with 3rd-party payer guidelines
Compliance Plan
Concurrent Care
More than 1 physician providing care to a patient at the same time
More than 1 physician providing care to a patient at the same time
Concurrent Care
Coordination of Benefits
Management of multiple 3rd-party payments to ensure overpayment does not occur
Management of multiple 3rd-party payments to ensure overpayment does not occur
Coordination of Benefits
COB
Coordination of Benefits
Co-Payment
Cost-sharing between beneficiary and payer
Cost-sharing between beneficiary and payer
Co-Payment
Correct Coding Initiative
Developed by CMS to control improper unbundling of CPT codes leading to inappropriate payment
Developed by CMS to control improper unbundling of CPT codes leading to inappropriate payment
Correct Coding Initiative
CCI
Correct Coding Initiative
Correct Coding Initiative is also known as…
NCCI (National Correct Coding Initiative)
Deductible
That portion of covered services paid by the beneficiary before 3rd-party payment begins
That portion of covered services paid by the beneficiary before 3rd-party payment begins
Deductible
Denial
Statement from the payer that reimbursement is denied
Statement from the payer that reimbursement is denied
Denial
Documentation
Detailed chronology of facts and observations regarding a patient’s health
Detailed chronology of facts and observations regarding a patient’s health
Documentation
Diagnosis-Related Groups
A case mix classification system established by CMS consisting of clauses of patients who are similar clinically and in consumption of hospital resources