Medical Insurance
What is the name of the insurance exchange started in 2010 called?
Affordable Care Act
The ICD-10-CM coding assigns _____ codes that represent diagnoses.
Alphanumeric
What type of code is "E10.339 Type I diabetes mellitus with moderate Non proliferative, diabetic retinopathy without macular edema"?
Combination
_______ is money owed to the business by customers in exchange for goods and services.
Accounts receivables
Name 3 Types of bank accounts.
Checking account
Savings account
Money market account
What are 3 common types of out-of-pocket expenses called?
deductibles
Coinsurance
Copayments
What mandates the approved code sets for all covered entities that handle claims related to healthcare services?
HIPAA
Etiology is another word for _____.
Cause
The remittance advice statement is also know as the _________.
EOB - Explanation of Benefits
What is the basic accounting equation?
Asset-Liabilities=Equity
What is the health insurances cover low-income and the disabled individuals?
Medicaid and Medicare
Where are diagnosis codes located, which are alphanumerical and divided into 21 chapters based on cause and body systems?
Tabular List
Procedural coding is the act of assigning _______ to the procedures and services that physicians provide to patients.
Numbers
The _______ is the amount of money owed from the patient that is not covered by insurance.
Copayment or Deductible
Medical supplies and equipment are examples of what type of office expenditure?
Accounts Payable
What insurance provides health insurance benefits for active duty and retired military personnel?
Tricare
A physician who knowingly bills for services that were never actually provided is committing an act of _____.
Fraud
What is a financial incentive provided by another physician, laboratory, hospital, or representative?
Kickback
Each week with ________ 25% of patients accounts are billed.
Cycle billing
______ leader concentrates on the relations between staff members and emphasizes teamwork within the office.
Democratic
Which Part of the Medicare program covers physician care and laboratory testing? The part of the plan that is voluntary and members must pay a premium.
Medicare B
The Tabular List is a list of diagnosis codes, divided into 21 Chapters, based on the what?
Cause, etiology, and body systems.
______codes are the most frequently used codes in most of the medical offices.
Evaluation and Management
Charges for patient services, Insurance payments, Patient payments, adjustments, and payments made at the time of service.
What do these represent of patient accounts?
Transactions
A ______ refers to monetary cost for service or supplies that increases the account balance.
Debit