Bundle: Understanding Health Insurance: A Guide To Billing And Reimbursement, 14th + Law, Liability, And Ethics For Medical Office Professionals, 6th ... For Green's Understanding Health Insu
14th Edition
ISBN: 9780357014738
Author: Michelle Green
Publisher: Cengage Learning
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A patient's insurance policy states:
Annual deductible: $300.00
Coinsurance: 70-30
This year the patient had made payments totalling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today's bill. What is the amount that the patient should pay?
In the late 20th century, many methods were used to pay physicians for services rendered. The most popular methods include all the following except payment
as a base salary.
according to a schedule of fee-for-service (FFS).
based on usual, customary, reasonable (UCR) charges.
based on resource based relative values(RBRVs).
based on patient outcomes.
When time is used as a key component in billing an E/M service, the provider must document face-to-face time with the patient and how much time was spent counseling the patient with the family.
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- Ellen Armstrong, cmas (amt), is responsible for all patient insurance billing procedures, Ellen has the following information: Total charges Allowed charges Office visit $150.00 $100.00 Return visit $80.00 $75.00 Deductible has not bee satisfied. Calculate the patient's correct billing if the provider accepts assignment. Calculate the patient's correct billing if the provider does not accept assignment.arrow_forwardDescribe what a computerized provider order entry (CPOE) system is. Would you say it diminishes medication errors or it makes it more complicated and creates more errors for the nurse. Provide concrete examples to illustrate your point.arrow_forwardYou attended an in-service education program about the outpatient prospective payment system (OPPS) where you learned that certain Medicare Part B services are paid according to ambulatory payment classifications (APCS), which group services according to similar clinical characteristics and in terms of resources required. A payment rate is established for each APC and, depending on services provided, hospitals may be paid for more than one APC for a patient encounter. As part of the in-service, you are provided with the following information and required to answer each question by applying the formula to calculate APC payments. Outpatient Prospective Payment System (OPPS) Formula (APC Weight x Conversion Factor x Wage Index) + Add-On Payments = Payment NOTE: When a patient undergoes multiple procedures and services on the same day, multiple APCS are generated and payments are added together. APC software automatically discounts multiple APC payments when appropriate (e.g., bilateral…arrow_forward
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