Insurance
Definitions/Acronyms
Revenue Cycle
Medicare
TC2U FUN
100

Name 4 major types of insurance plans

HMO, PPO, EPO, POS, RPPO, Indemnity, etc. 

100

What does HIPAA stand for?

Health Insurance Portability and Accountability Act.

100

What does it mean when a claim is returned by the clearinghouse?

Claim is rejected

100

What does CMS stand for?

Centers of Medicare and Medicaid 

100

Where are our 2 offices located?

Conroe and Waxahachie

200

What is the term used for the individual responsible for insurance premiums?

Gaurantor

200

NPI - Must give full name and definition

National Provider Identifier (NPI) - Unique 10-digit identifier assigned to all healthcare providers.

200

What is a Claims Scrubber?

Checks claims for errors before submission.

200

Medicare automatically forwards claims to whatever secondary insurance the patient has on file. What is this called?

Crossover

200

What is the name of our CFO?

Thao Ho

300

Name the 3 most common government payers.

Medicare, Medicaid, and Tricare.

300

What does ICD-10-CM stand for and what do we use it for?


International Classification of Diseases, Tenth Revision, Clinical Modification


Used to report diagnoses on claim

300

What claim form is used to report professional services performed by providers and Ambulatory Surgical Centers (ASCs)?

CMS-1500

300

Who is the MAC over our region?

Novitas

300

How many mid level providers do we have?

20

400

What year was ICD-10-CM implemented in the US?

2015

400

What is the Medicare QMB program?

Qualified Medicare Beneficiary - Program for patients enrolled in both Medicare and Medicaid who qualify for assistance on part A and B premium payments, deductibles, and coinsurance.

400

What is the first step in the revenue cycle?

Patient Registration/Data Entry

400

What are the 4 parts to Medicare and what does each one represent?

A - Hospital

B - Medical

C - Medicare Advantage

D - Prescription Drug

400

What year was TC2U founded? 

May 2017

500

What are G codes used to describe in the HCPCS Level II code book?


Used to describe procedures/professional services that do not have a CPT code.

500

Define Modifier 25 and give one example that it would be used for.

Significant, separately identifiable evaluation and management service by the same physician or other qualified healthcare professional on the same day of the procedure or other service.

500

Name 2 of the 5 ways claims can be submitted to the payer electronically.

DSL (Digital Subscriber Line)

Extranet

Internet

Magnetic Tape, Disc, or Compact Disc

Electronic Data Interchange (EDI)

500

What year was Medicare signed into law? 


Bonus question - by which president?

1965


Lyndon B. Johnson

500

What is the TC2U Mission Statement?

“To Care and Nurture Seniors, One Patient, One Home, One Family, One Community at a Time.”

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