Medical Billing and Reimbursement
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Medical Billing and Reimbursement

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@DignifiedPeony

Questions and Answers

Which keyboard shortcut is used to apply the currency format to selected cells?

  • Ctrl+Shift+#
  • Ctrl+Shift+@
  • Ctrl+Shift+$ (correct)
  • Ctrl+Shift+%
  • What is the result of using the keyboard shortcut Ctrl+Shift+&?

  • Places outline border around selected cells (correct)
  • Removes outline border
  • Hides columns
  • Formats cells as currency
  • Which keyboard shortcut will unhide columns that have been hidden?

  • Ctrl+Shift+) (correct)
  • Ctrl+Shift+(
  • Ctrl++
  • Ctrl+0
  • To access the Format Cells dialog box, which shortcut would you use?

    <p>Ctrl+1</p> Signup and view all the answers

    Which shortcut is specifically for formatting cells to display time?

    <p>Ctrl+Shift+@</p> Signup and view all the answers

    What action does the shortcut Ctrl+5 perform?

    <p>Applies strikethrough formatting</p> Signup and view all the answers

    Which of the following shortcuts will hide rows in a worksheet?

    <p>Ctrl+9</p> Signup and view all the answers

    What does pressing the Alt or F10 key do?

    <p>Activates the menu</p> Signup and view all the answers

    Which keyboard shortcut do you use to toggle outline symbols on or off?

    <p>Ctrl+8</p> Signup and view all the answers

    To access the Font Drop Down List, which shortcut should be used?

    <p>Ctrl+Shift+F</p> Signup and view all the answers

    Study Notes

    Payment Posting

    • Payment posting is the process of entering payment details into a billing system using EOB/ERA's and correspondence received from payers.
    • There are three natures of payments: full payment, overpayment, and low payment.

    Account Receivables (AR)

    • AR involves collecting money owed to a provider by an insurance company for services rendered to a patient.

    Denial Management

    • Denial management involves managing denied claims and resolving issues to receive payment.

    Place of Service Codes

    • Place of service codes are used to identify the location where a medical service was provided, such as:
      • Office (POS 11)
      • Hospital outpatient (POS 22)
      • Emergency room (POS 23)
      • Ambulatory surgical center (POS 24)
      • And many others...

    Timely Filing Limit

    • The timely filing limit is the time frame within which a claim must be submitted to an insurance company, which varies by insurance company, such as:
      • Medicare: 365 days
      • Medicaid: 90 days from date of denial or payment
      • BCBS: 180 days
      • And many others...

    CPT Codes

    • CPT codes are used to identify medical services and procedures, such as:
      • Anesthesia (00100-01999)
      • Surgery (10000-69990)
      • Radiology (70000-79999)
      • And many others...

    Plans

    • HMO (Health Maintenance Organization) is a type of health insurance plan that provides coverage for medical services within a network of providers.
    • Medicare is a federal health insurance program for people 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (ESRD).
    • Medicaid is a joint federal-state program that provides health coverage to low-income individuals and families.
    • Tricare is a health insurance program for active duty members, retirees, and families of the uniformed services.
    • CHAMPVA is a health insurance program for certain eligible veterans and their families.

    Claim Processing

    • Claim processing involves the steps taken to process a claim, including:
      • Verifying the processing date
      • Determining the allowed amount and paid amount
      • Verifying whether the claim was paid through EFT or check
      • Requesting an ERA (Electronic Remittance Advice)

    Time Zones

    • The United States has six time zones: Pacific, Mountain, Central, Eastern, Alaska, and Hawaii-Aleutian.
    • Daylight Saving Time (DST) typically begins on the second Sunday of March and ends on the first Sunday of November.

    Keyboard Shortcuts

    • Various keyboard shortcuts are available in Excel, including:
      • Ctrl+Shift+@ for time format
      • Ctrl+Shift+# for date format
      • Ctrl+Shift+$ for currency format
      • And many others...

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    Description

    Quiz on medical billing and reimbursement processes, including payment posting, account receivables, and denial management.

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