1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonja [21]
3 years ago
8

What do you believe are the two most significant components of the medical billing workflow?

Business
1 answer:
monitta3 years ago
5 0

Answer:

Explanation:

Six critical components for medical calculation (the first two are the most important):

1: Eliminate confusion that it is really an invoice.

Insured patients often receive two service-related communications - a certificate of benefit from an insurance company (EOB) and an invoice from a health care professional. EOBs usually include service history, work done, who the provider is, the amounts allowed under the insurance plan, adjustments, deductions and patient liability.

2: Make sure the patients know what the invoice is.

For recurrent patients, there may be confusion as to what service or design the bill is about. Specify the date of service, medical care, and services provided so that the patient can see the amount paid.

3: Provide clear line items showing prepaid patient payments (co-payments) and contributions from the insurance company.

Explain to patients what credits are already used in the invoice. This can help insurers understand what they contribute, personal responsibility, and promote timely payments.

4: Provide invoices as patients wish to receive.

For some patients, paper invoices may be the method they choose to consult with health care providers. For others, electronic invoices may be more appropriate. Paper sheets can offer patients the opportunity to pay by check, write their payment card information, or use an online portal that supports one-time guest payments. Electronic invoices can reduce the cost of printing and shipping paper invoices, eliminate delays in document invoices, and provide direct access to online portals where they can edit and manage their billing practices.

5: Provide patients with different options to pay.

As patients prefer paper or electronic invoices, they have choices about how they want to pay. Some love the convenience of paying with a credit card, while others may opt for cash, check or debit card transactions. From billing solutions that support multiple payment methods and payment channels to credit card transactions on mobile devices, one billing solution can increase your ability to pay on time.

6: Help patients along the way.

No matter how much a health worker strives to meet the needs of his patients, patients will have questions regarding referral reports. Useful support professionals (both online and by phone) can provide easy access, help patients better understand their laws and encourage their timely payment.

You might be interested in
Lots of writers have written good stuff other than books, like stuff for movies. which is the best way to revise the sentence to
Lera25 [3.4K]
<span>In revising the sentence at hand, the best way to do so would be as follows. Many writers and authors have written prominent pieces of literature other than merely novels, some of which including the script and text for various movies and other similar pieces of content.</span>
3 0
4 years ago
Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of
nataly862011 [7]

Answer:

two part pricing

Explanation:

A Two-part tariff (TPT) is a type of price gouging in which the price of a good or service consists of 2 sections-a rub-sum of the per-unit fee. Such a selling strategy generally occurs except in part or entirely monopolistic industries. It is built to allow the company to absorb more surplus value in a non-discriminatory pricing framework than it ever has before.

Two-part tariffs in open markets can also occur when customers are unsure regarding their final requirement. Consumers of fitness centers, for instance, may be unsure regarding their degree of potential dedication to an exercise routine.

6 0
3 years ago
Amber's employer, Lavender, Inc., has a § 401(k) plan that permits salary deferral elections by its employees. Amber's salary is
Mila [183]

Answer:

For 2019, the maximum amount that any individual can elect for salary deferral treatment on a 401k distribution is the lesser between: 100% of their salary or $19,000.

in this case, Amber earns much more than $19,000, so the lesser amount would be $19,000.

If Amber contributes more than $19,000 to her 401k account, then she would have to pay taxes for the extra amount contributed.

3 0
3 years ago
Organizational commitment can be defined as _____. the collection of feelings and beliefs that managers have about their organiz
Varvara68 [4.7K]

Answer:

the collection of feelings and beliefs that managers have about their organization as a whole.

Explanation:

Organizational commitment can be defined as the collection of feelings and beliefs that managers have about their organization as a whole.

Generally, when the employees working in an organization completely identifies and believe in the vision, mission, values and ethical standards of their organization, it simply means that they believe and are in agreement with what the organization is doing and would basically have a high level of loyalty because they are proud to be associated with what the organization stands for.

Hence, organizational commitment is important for the growth and development of an organization.

4 0
3 years ago
13. A borrower is purchasing a property for $180,000 and can choose between two possible loan alternatives. The first is a 90% l
Harman [31]

Answer:

for the first loan the origonal loan of $180,000 goes up to $453,166

and the second one is $462,446

8 0
3 years ago
Other questions:
  • A door-to-door vendor of vacuum cleaners tells a potential customer that the vacuum cleaners "slurp up dirt faster than a sweat-
    8·1 answer
  • quizlit Businesses finance their operations using a mixture of ______. debt, such as issuing bonds, and equity, such as issuing
    7·1 answer
  • In an origin contract, when does title pass to the buyer?
    11·1 answer
  • What is the first sentance of an introduction called​
    11·1 answer
  • What is the term that describes the process of moving returned merchandise from a customer to a retail store or fulfillment cent
    9·1 answer
  • Adams Company sells a product whose contribution margin is $10 and selling price is $25.
    9·1 answer
  • Suppose there is perfect competition in the output market and the labor market and that the output price is $10 and the wage is
    8·1 answer
  • A coal-fired power plant can produce electricity at a variable cost of $0.07 per kilowatt-hour when running at its full capacity
    11·1 answer
  • While watching television, Kyle saw a commercial for a product that was "made in Taiwan." He immediately dismissed the product b
    7·1 answer
  • Using the straight-line method, depreciation for 2024 and book value on december 31, 2024, would be:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!