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Part III True / False Write T or F in the blank to indicate whether you think the statement is true
Part III TrueFalse
Write or in the blank to indicate whether you think the statement is true or false.
An insurance billing specialist's primary goal is to assist in management of the revenue cycle.
A patient's insurance card specifies the detailed benefits and coverages.
All health insurance companies are obligated to reimburse health care organizations promptly for services rendered. The elements within a remittance advice RA document and an explanation of benefits EOB document are different. There is a standard format for EOB forms that all carriers are expected to follow.
Due to issues concerning timely filing, it is wise to be aggressive on claims that are outstanding for more than days.
Information collected at the front desk does not impact denials.
One of the criteria for a service to be considered medically necessary is that the service must be in accordance with the generally accepted standards of medical practice.
If any insurance carrier has downcoded a claim, thereby reducing reimbursement, there is no other recourse than to write off the balance.
If a claim has not been paid within a reasonable amount of time, the most effective followup method is to simply rebill the claim.
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