FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Comparison of the remittance advice to the expected payment for services rendered is referred to as: Question 9 options: a) Balancing b) Claims Reconciliation c)

Comparison of the remittance advice to the expected payment for services rendered is referred to as: Question 9 options: a) Balancing b) Claims Reconciliation c) Collections d) Adjudication

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Correct Answer b Claims Reconciliation StepbyStep Explanation Understanding Remittance Advice Remittance Advice is a document sent by a payer eg insurance company to a provider eg hospital or medical ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Tools for Business Decision Making

Financial Accounting Tools for Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

5th Edition

9781118560952, 1118560957, 978-0470239803

More Books

Students also viewed these Accounting questions

Question

Comparison of the remittance advice to the expected payment for services rendered is referred to as: Question 9 options: a) Balancing b) Claims Reconciliation c) Collections d) Adjudication

Answered: 1 week ago

Question

★★★★★
( I NEED THIS CASE IN IRAC FORM) State Farm Mutual Auto Ins. Co. v. AndersonAnnotate this Case 70 N.J. Super. 520 (1961) 176 A.2d 23 STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, STATE FARM LIFE...

Answered: 1 week ago

Question

★★★★★
Pls see attached documents for my assignment. Questions highlighted in yellow in the word document 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 A buy at par Purchase Price Interest...

Answered: 1 week ago

Question

★★★★★
For the standard deductions, there are specified contribution tables to be followed as discussed in the previous modules. More examples: 1. Compute for Tita Pau's monthly, semi-monthly, weekly and...

Answered: 1 week ago

Question

★★★★★
Does the present value of a given amount to be paid in 10 years increase or decrease if the interest rate increases? Suppose that the amount is due in 5 years? 20 years? Does the present value of an...

Answered: 1 week ago

Question

★★★★★
A particular load has a pf 0.8 lagging. The power delivered to the load is 40kW from a 270-V rms 60-Hz line. What value of capacitance placed in parallel with the load will raise the pf to 0.9...

Answered: 1 week ago

Question

★★★★★
Describe visualization and how it can boost motivation.

Answered: 1 week ago

Question

★★★★★
Custom Truck Builders frequently uses long-term lease contracts to finance the sale of its trucks. On November 1, 2011, Custom Truck Builders leased to Interstate Van Lines a truck carried in the...

Answered: 1 week ago

Question

★★★★★
Sheridan Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $ 4 1 2 , 0 0 0 , has an expected useful life of 1 1 years and a salvage value of...

Answered: 1 week ago

Question

★★★★★
Smiley Corporation's current sales and partial balance sheet are shown below. This year Sales $ 10,000 Balance Sheet: Liabilities Accounts payable $ 1,000 Notes payable $ 2,000 Accruals $ 1,800 Total...

Answered: 1 week ago

Question

★★★★★
ABC Electronics Corporation will be expanding its products by manufacturing power banks. It expects to sell these over a period of three years by updating their power bank models throughout the...

Answered: 1 week ago

Question

★★★★★
A scooter manufacturer wants to increase brand awareness on its website. What type of graphic should the company include on every webpage?

Answered: 1 week ago

Question

★★★★★
How can you use data to assist you with making appropriate business decisions? Will you use internal data, external data, or both?

Answered: 1 week ago

Question

★★★★★
It is intellectually simple to formulate an elegant strategy but not so with its implementation. Discuss

Answered: 1 week ago

Question

★★★★★
Consider the following project where times are in weeks. Activity Immediate Predecessors Duration A - 8 B - 12 C A,B 7 D B 4 AND A 2 F C 3 G E,F 7 H D,F 3 what is the early start for activity B using...

Answered: 1 week ago

Question

★★★★★
Process of variable type checking could not be the same in different programming languages. Discuss about handling this task in two programming languages, Java and PHP, in terms of program security....

Answered: 1 week ago

Question

★★★★★
Suppose that A is an m n matrix with linearly independent columns and the linear system LS(A, b) is consistent. Show that this system has a unique solution.

Answered: 1 week ago

Question

★★★★★
Consider n components with independent lifetimes, which are such that component i functions for an exponential time with rate i . Suppose that all components are initially in use and remain so until...

Answered: 1 week ago

Question

★★★★★
Show, in Example 5.7, that the distributions of the total cost are the same for the two algorithms.

Answered: 1 week ago

Question

★★★★★
Let X be a uniform random variable on (0, 1), and consider a counting process where events occur at times X + i, for i = 0, 1, 2,.... (a) Does this counting process have independent increments? (b)...

Answered: 1 week ago

Previous Question Next Question