Week 3 Flashcards
Retention rate of EDI
95%
CMx
Claims Management; EDI edit engine with Xpressbiller, claim tracking record, ID and workflow for front-end rejections
RMx
Remittance Management; EDI data management tool, standard EOBs, ASP
ASP
Automated Secondary Processing - no manual intervention needed for secondary claim
DMx
Denial Management; follow-up, prevent, and report on denials; hosted
ELx
Eligibility for EDI; validate insurance, demographics, coverage, copay & deductible; real-time automated batching on back end
CSx
Claim Status for EDI; 276 is request for status update, 277 is response; eliminates time on phone with insurance
ACx
Audit Control for EDI; managing all types of audits with Axis
Axis
workflow, tracking and reporting for audits
MCx
Medicare Connection for EDI; verifies eligibility and liability; FISS interactivity
ADR
Additional Development Request; EDI; if claim selected for medical review, documentation is requested to verify correct payment was applied
EDG
conduit between clients, payers, and Quadax EDI; not compliance; maintains edits to reduce front-end rejections
EDG purpose
verify, clarify, simplify
EDG principles
CPT - convergence, partnership, transparency
Table-driven edits
EDG edits that reference code tables to verify claim validity
Hard-coded edits
EDG edits that use Quadax-proprietary QuickScript edits
Ariosa
AR
Harmony
Prenatal trisonomy testing
Biodesix
BX
Veristrat
non-small cell lung cancer for patients who have had chemo; will they benefit from Erlotnib?
Castle Biosciences
CK
DecisionDX
glioblastoma, uveal melanoma, thymus, melanoma, esphageal
Courtagen Life Sciences
CG
SEEK
metabolic (mitochondrial) and neurological disorders
Genomind
RG
Genecept
mental health disorders and how your body will respond to certain drugs
Exagen Diagnostics
EX
Avise
rheumatoid arthritis & lupus
Foundation Medicine
FM
FoundationOne
genomic testing for personalized cancer treatment; alternations in solid tumors; hematologic malignancies
Genomic Health
GO
OncotypeDX, DCIS, MMR
breast, colon, prostate cancer; recurrence score (breast), gleason score (prostate)
GeneDX
GN
varied test names
developmental, cardiac, genetic and inherited cancers, prenatal and family planning, cardiac arrest in athletes
Good Start Genetics
GG
Good Start Select
carrier testing for genetic conditions
Integrated Diagnostics
IN
Xpresys Lung
lung cancer, blood test for pulmonary modules
Pacific Edge
PD
CxBladder
bladder cancer
Progenity
PG
nxtPanel, Verifi, Ashkenazi
prenatal carrier screening, cystic fibrosis, fragile x, trisonomies
Precision Therapeutics
PR
ChemoFX, BiospeciFX
gynecologic cancer, testing chemo drugs on tumor before patient
Prometheus
PL
AnserIFX, AnserADA
inflammatory bowel; effectiveness of Infliximab & Adalimumab
Redpath Integrated Pathology
RI
PathfinderTG
pancreatic cancer
Sequenta
SQ
ClonoSIGHT
lymphoid malignancies, detection of MRD (minimal residual disease)
fully funded plan
traditional; cost-sharing via higher premiums & co-pays
2 fully funded advantages
consistent premiums, better for older populations
3 fully funded disadvantages
insurance company gets profit, premium is taxed, mandated coverage
self funded
employer provides benefits out of own funds, assumes risk for payment, protected under ERISA
ERISA
1974 Employee Retirement Income Security Act, sets minimum standards for insurance plans; includes COBRA and HIPAA
TPA
Third Party Administrator; adjudicates and pays claims with funds collected from employer; contracts with network to give subscribers access to providers; sends out EOB and EOP
ASO
Administrative Services Only; branch of traditional insurance company that offers TPA services
5 self funded advantages
healthy employees = lower premiums lower administrative costs no tax on premium plan design control savings kept by company
2 self funded disadvantages
catastrophic claims, stop loss insurance is expensive
stop loss insurance
covers catastrophic claims on individual (specific) or price ceiling (aggregate) level
3 ways to post a receipt
manually from lockbox
manually from paper check
automatically from lockbox (RemitMax) or direct deposit
remit
who paid, what service, when, total charge, discount, amount paid, balance; documents contract info for services rendered and helps provider apply payment
ICN
Internal Control Number; aka claim number, used when appeals are needed
Patient Account Number synonym in Quadax system
Ticket #
Allowed amount formula
allowed = charged - discount
patient responsibility
sum of copay, coinsurance, deductible, and out of pocket
discount/adjustment
written off, never collected
remark/reason code
at least one per charge line, decipher with key at end of remittance
contract
agreement between provider and insurance company (fully funded) or TPA and network (self-funded); negotiated rates for every CPT code (based on Medicare)
most commonly accessed HARP screen
Inquiry page
Inquiry page
account and ticket info, history, messages, billing, transactions
3 parts of inquiry screen
patient account summary box, charges, history
3 ways to modify a charge
before finishing a ticket (go back and make changes) before balancing (open ticket from batch and make changes) after balancing (use CIE System to remove charge)