Podcast
Questions and Answers
What is the primary purpose of coding systems in clinical laboratories?
What is the primary purpose of coding systems in clinical laboratories?
- To facilitate communication between healthcare providers
- To facilitate proper payment or reimbursement (correct)
- To streamline laboratory testing procedures
- To ensure accurate diagnosis of medical conditions
What is the consequence of assigning a code that inflates reimbursement?
What is the consequence of assigning a code that inflates reimbursement?
- Delayed payment processing
- Reduced reimbursement rates
- Increased administrative paperwork
- Legal action and fraud charges (correct)
Which of the following is a proprietary product of the American Medical Association (AMA)?
Which of the following is a proprietary product of the American Medical Association (AMA)?
- Medicaid
- CPT codes (correct)
- Medicare Part B
- ICD-10 codes
What is the primary benefit of using procedure codes in medical services?
What is the primary benefit of using procedure codes in medical services?
What is the consequence of incorrect diagnosis coding?
What is the consequence of incorrect diagnosis coding?
Which of the following is NOT a benefit of using coding systems in clinical laboratories?
Which of the following is NOT a benefit of using coding systems in clinical laboratories?
What type of payment system was used for inpatient reimbursement prior to 1982?
What type of payment system was used for inpatient reimbursement prior to 1982?
What is the primary difference between Gross Patient Revenue and Net Patient Revenue?
What is the primary difference between Gross Patient Revenue and Net Patient Revenue?
What is the significance of the Medicare Part B fee schedule?
What is the significance of the Medicare Part B fee schedule?
Which Medicare part is an alternative to traditional Medicare Part B?
Which Medicare part is an alternative to traditional Medicare Part B?
What type of payment is typically reserved for elective testing, infertility testing, and some esoteric testing in the United States?
What type of payment is typically reserved for elective testing, infertility testing, and some esoteric testing in the United States?
What is the primary difference between Medicare and Medicaid?
What is the primary difference between Medicare and Medicaid?
What is the purpose of contractual adjustments in healthcare billing?
What is the purpose of contractual adjustments in healthcare billing?
What is the main characteristic of managed care in the healthcare system?
What is the main characteristic of managed care in the healthcare system?
What is the name of the act that changed the Medicare reimbursement system in 1982?
What is the name of the act that changed the Medicare reimbursement system in 1982?
When did the Medicare Part D program become effective?
When did the Medicare Part D program become effective?
What is the primary purpose of a fee schedule in a laboratory setting?
What is the primary purpose of a fee schedule in a laboratory setting?
What is the result of a contractual adjustment of $2.00 on a test with a list price of $20.00?
What is the result of a contractual adjustment of $2.00 on a test with a list price of $20.00?
