#1
What does the term 'EOB' stand for in healthcare billing?
Explanation of Benefits
ExplanationSummarizes the costs covered and not covered by an insurance plan after a healthcare service.
#2
Which of the following is a common healthcare billing code system?
ICD-10-CM
ExplanationInternational Classification of Diseases, 10th Edition, Clinical Modification for coding medical conditions.
#3
What does the term 'COB' refer to in healthcare billing?
Coordination of Benefits
ExplanationProcess of managing multiple insurance policies to determine coverage responsibility.
#4
Which entity typically issues a Remittance Advice (RA) in healthcare billing?
Insurance company
ExplanationDocument sent by the insurer explaining payments and denials for healthcare claims.
#5
What is the purpose of a CMS-1500 form in healthcare billing?
To file a claim for reimbursement from insurance companies
ExplanationStandard form used to submit healthcare claims for payment.
#6
What is the purpose of the CPT code system in healthcare billing?
To describe medical, surgical, and diagnostic services
ExplanationEnables standardized documentation and billing for medical procedures and services.
#7
What is a common method for healthcare organizations to check a patient's insurance eligibility?
Using online portals
ExplanationVerifying insurance coverage electronically through online platforms.
#8
What is the purpose of a 'clean claim' in healthcare billing?
To signify a claim with correct information and no defects
ExplanationA claim submitted with accurate and complete information, reducing processing delays.
#9
Which of the following is an example of a healthcare billing fraud?
Upcoding
ExplanationInflating codes to charge for more expensive services than those provided.
#10
What is the primary purpose of medical coding in healthcare billing?
To assign numeric codes to diagnoses and procedures
ExplanationSystematic classification of medical information for billing and data analysis.
#11
What does 'RAC' stand for in the context of healthcare billing?
Recovery Audit Contractor
ExplanationAn entity tasked with identifying and recovering improper payments in healthcare claims.
#12
What does the term 'HIPAA' stand for in healthcare billing?
Health Insurance Portability and Accountability Act
ExplanationLegislation ensuring privacy and security of health information.
#13
What is a common method for healthcare organizations to verify patient identity?
Requesting a driver's license
ExplanationVerifying patient identity by checking government-issued identification.
#14
What is the purpose of a 'charge capture' process in healthcare billing?
To record services and procedures provided to patients
ExplanationCapturing and documenting all billable services and procedures for accurate billing.
#15
What is the purpose of a 'medical claim scrubber' software in healthcare billing?
To process insurance claims electronically
ExplanationAutomated tool to check and clean claims for accuracy before submission.