chapter 11 workbook

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Dec 6, 2023

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Principles of Healthcare Reimbursement and Revenue Cycle Management Student Workbook Chapter 11 Beginner Exercises 1. Key Term Word Search (Level 1—Remembering) Use the clues to determine the key term, then find the key term in the grid. Copyright ©2021 by the American Health Information Management Association. All rights reserved.
Principles of Healthcare Reimbursement and Revenue Cycle Management Student Workbook Chapter 11 2. Understanding the Back-end Revenue Cycle Processes (Level 2—Understanding) Complete the following table using information from the text. Develop your own description in everyday language. Back-end RC Process Description Responsible Party (Facility/Provider or Payer) Claims Production Happens after the charge capture is complete. The Claim is checked to make sure it is correct and has no errors before it is sent to the third-party payer. An internal system called a Scrubber may assist in the checking of a claim before it is submitted. Facility or provider Claims Submission After being reviewed and corrected in the claims production the claim is submitted to the third-party payer for payment. Submission is done through a set of codes set by Medicare requirements. Claims are sent through an electronic process through most facilities, although there are a select few claims, such as workers compensation, that may use paper form. Payer Determining Expected Reimbursement Process to determine the payment amount for accounts receivable. This happens after a claim has been submitted and verified correctly. This process is completed to ensure that the payer and beneficiary pay the correct amount for the services provided. Facility/Provider Adjudication This process if used to determine the correct amount for reimbursement to the facility/provider. The payer compares the services provided to the beneficiary’s health plan benefits. There are four possible outcomes from adjudication. Payment: which means the claim is paid without any more issues or processing. Suspend: which means payment has been suspend until it has been reviewed by analyst again due to an added document. Reject: which means the claim was reject either in total or in just a line rejection due to missing information or error. Denial: like rejection but instead of an error or missing code it means an appeal may be needed to move forward with the claim. Payer Benefits Statement Third-party payers prepare an explanation of benefits statement for the patient to break Payer Copyright ©2021 by the American Health Information Management Association. All rights reserved.
Principles of Healthcare Reimbursement and Revenue Cycle Management Student Workbook Chapter 11 down coverage, charges, services, and anything that was denied. Claims Reconciliation After the claim has been through the adjudication process by the insurance company a remittance advice statement is sent to the provider. The RA covers why claims may have been rejected or denied as well as reporting the payments to facilities. Once the RA is received the provider compares it with what they expected to receive for the claim. If the claim is denied it is sent off to another team to be processed and gone over to fix errors or issued. If the claim is approved but the amount of reimbursement is not correct a claim reconciliation specialist goes over the claim to ensure the provider can be reimbursed for all the services provided. Facility or provider Collections Health care facilities and providers use remittance advice to resolve accounts. Providers may use an internal collection service of have a contract with an outside collection agency where a specialist reaches out to the patient for payment. RA’s also verify that third-party payers have compensated their part of the charges as well. Facility or provider Intermediate Exercise 1. Explanation of Benefits Analysis (Level 4—Analyzing) Review figure 11.5, Explanation of benefits, in the textbook. Answer the following three questions. a. Why are the charge and allowable charge different amounts? Explain your answer in technical terms and then explain your answer in layman’s terms. The charge is coming from the hospital in exchange for service and supply. Allowing the provider to submit a charge to the insurance company to gain reimbursement for the service and supply given. While the hospital wants more for a service, there is also an agreement from the insurance companies at a set rate for each service to be reimbursed, and the reason for the allowable charge. The allowable charge is the amount in which the payer agrees to reimburse for the services and supply. So, while the payer is responsible for some, so is the beneficiary since they are using contracted amounts. b. Differentiate between the contractual adjustment and the charge. Explain your answer in technical terms and then again in layman’s terms. Copyright ©2021 by the American Health Information Management Association. All rights reserved.
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Principles of Healthcare Reimbursement and Revenue Cycle Management Student Workbook Chapter 11 Third-party insurers and government programs like Medicare have contracts that say what each party will pay for different medical services. The contractual allowance is the portion of the bill that a doctor or hospital must cancel. The do not charge for this part of the bill because of their agreements with health insurance companies and would be considered a write-off. The charge of the statement is what they would like to receive for their services but due to their contracts with insurance companies and government programs they are only allowed to charge the conrtactal amount. c. If the procedure on line 4 was denied by the payer for incorrect coding, how would the benefit payment change? What are the revised benefit payment and coinsurance amounts? If the coding was incorrect, the claim would be denied. The claim then goes to the denials management team to be looked over to see exactly why the code was incorrect. This allows the claim to be evaluated once again and to see where the corrections can be made. Once the code is corrected, the benefit payment will be paid. If not, the patient will be responsible for the amount the payer does cover. Collections may ask for the payment, giving them payment options, if needed. Total benefit payment is $1,349.33 and the coinsurance is $337.32 Copyright ©2021 by the American Health Information Management Association. All rights reserved.