Revenue - Final Exam

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Last updated 5:36 PM on 12/10/24
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42 Terms

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Patient Portal

Allows patients to send and receive information with a provider electronically.

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Shoppable Services

Services that can be scheduled in advance and are generally not emergency services, such as imaging, lab tests, or outpatient visits.

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Price Transparency

Readily available information about the price of healthcare services.

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Prior Authorization

A process in which the provider submits a request for approval before providing certain services to the patient.

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Charge Description Master (CDM)

A comprehensive listing of items billable to a hospital or healthcare provider, including procedure/service charges and corresponding codes.

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Computerized Provider Order Entry (CPOE)

Allows physicians/providers to order services for a patient via a computerized system.

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Modifiers

Codes that provide additional information about services and procedures, though their inclusion in the CDM is rare.

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Adjudication

The process of reimbursement amount determination based on the beneficiary's insurance plan benefits.

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Allowable Charge

The amount the payer has agreed to reimburse for a provided service, accepted as payment in full by the provider.

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Accrual Accounting

Accounting method that records accounts receivable at the time of service delivery instead of when funds are received.

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Recovery Audit Program

Medicare contractors hired to review improper payments and paid on a contingency fee basis.

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Upcoding

The fraudulent practice of submitting codes for higher-paying services than those actually received by the patient.

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National Coverage Determination (NCD)

Regulations detailing the circumstances under which medical services are covered by Medicare.

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Clinical Validation Denial

Type of denial indicating insufficient clinical indicators in the health record to support the assigned diagnosis.

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Key Performance Indicators (KPIs) for Coding

Metrics used to measure coding performance, including Denial Rate, Clean Claim Rate, and DNFB.

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False Claims Act

Law that penalizes federal contractors who knowingly file false claims to defraud the US government.

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Systematic Random Sampling

A method used to select a sample from a larger population by using a random starting point and a consistent interval.

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Patient Registration

The process of collecting data about a patient, including diagnosis, planned treatment, insurance coverage, and financial agreements.

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Prior Authorization Request

A request made by the provider to obtain approval for specific healthcare services before they are provided to the patient.

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Out of Pocket Cost of Care

The amount of money a patient is responsible for paying for healthcare services that are not covered by insurance.

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Patient Financial Responsibility Agreement

An agreement that outlines the patient's responsibility for payment of healthcare services after insurance has been applied.

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Advance Beneficiary Notification of Noncoverage (ABN)

A notice that a healthcare provider must issue to a Medicare beneficiary when a service is expected not to be covered by Medicare.

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Coding Standardization

Certain CDM data elements are standardized across the US, including CPT/HCPCS codes and revenue codes.

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ICD-10-CM

The coding system used for all diagnosis coding regardless of the healthcare setting.

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ICD-10-PCS

The coding system specifically used for procedure coding in inpatient facilities.

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HCPCS Level II

Coding used to report drugs, biologicals, and chemotherapy drugs in the outpatient setting.

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Claims Reconciliation

The process of comparing expected reimbursement to actual payments received after the healthcare facility gets remittance advice.

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Editing Software

Software used by facilities to identify errors in claims before submission.

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Claim Payment Status - Paid

A claim that is paid without further review or processing.

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Claim Payment Status - Suspend

Claims requiring manual review by a claims examiner or analyst.

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Claim Payment Status - Reject

Claims that result in partial payment, error lines fixed, and then resubmitted.

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Claim Payment Status - Denial

A claim that must be appealed by the facility if the payer's decision is contested.

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Benefit Payment

The amount that the insurance company reimburses for a given service.

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Coder Productivity Calculation

A measure involving total minutes worked divided by the average time to code one chart.

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Coding Accuracy

Ensures correct assignment of diagnosis and procedure codes along with any applicable modifiers and discharge status codes.

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Queries for Clinical Documentation

Queries should include clinical indicators, treatment & monitoring, and any related conditions such as comorbidities.

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Key Performance Indicators (KPIs) for Coding - Denial Rate

Measures the ability to comply with documentation, coding, and billing requirements.

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Key Performance Indicators (KPIs) for Coding - Clean Claim Rate

Measures the ability to comply with billing edits.

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Key Performance Indicators (KPIs) for Coding - DNFB

Discharged, Not Final Billed; reflects the health of the claims generation process.

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Medicare Claims Processing Manual

An online guide that provides billing regulations and requirements for all healthcare settings.

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CMS Transmittals

Documents used by CMS to communicate policies and procedures regarding payment systems.

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PERM

A program by CMS that measures improper payments for Medicaid and CHIP.