_hcr240_r5_Appendix_B (2) - The knowledge of the medical...

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Associate Level Material Appendix B Health Care Terminology Directions: Complete Parts I and II and post to your Individual forum as an attachment. Part I: Defining Health Care Terminology Part I. Refer to pages 23-24 in your text to complete the following exercise and record your answers below. Once you have completed the matching exercise, complete Part II. Definition Letter (a-s) Term R 1. Accounting Cycle K 2. Accounts Receivable (AR) I 3. Capitation N 4. Coinsurance F 5. Co-payment P 6. Diagnosis Code E 7. Encounter Form A 8. Explanation of Benefits (EOB) M 9. Fee-for-Service L 10. Health Maintenance Organization (HMO) S 11. Health Plan J 12. Managed Care B 13. Patient Information D 14. Payer G 15. Policyholder O 16. Preferred Provider Organization (PPO) H 17. Premium Q 18. Procedure Code C 19. Remittance Advice (RA) Part II: In the Field Explain why, in terms of job performance and efficiency, knowing medical billing terms is critical for working in the health care field. Respond in at least 150 words and provide specific examples.
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Unformatted text preview: The knowledge of the medical billing terms would be essential to the maintaining of the proper records, which it is ensuring the good workflow in the practice and that all staff is staying up-to-date in the record control. All the billing terms, and the codes must be correct to help ensure that all the patients will receive the correct treatment or treatments and also that the practice will receive the proper insurance reimbursements in a timely fashion. All the codes should be updated on the annual basis. With this done it would help to reduce the mistakes in the application process and would permit any changes in hcr240r5 the internal billing system to help be taken into an account properly. The efficiency has increased by the knowledge of this complete billing process would be steps one to ten. So by the applying this data entry daily, these records would avoid any returns or denied claims. hcr240r5...
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This note was uploaded on 02/05/2012 for the course SCIENCE sci 241 taught by Professor Davistalley during the Spring '11 term at University of Arkansas at Little Rock.

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_hcr240_r5_Appendix_B (2) - The knowledge of the medical...

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