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Chapter Review Questions Mc Graw USING TERMINOLOGY Match the term or phrase on the left...

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Question

Accounting

Chapter
Review Questions
Mc
Graw
USING TERMINOLOGY
Match the term or phrase on the left with the correct answer on the right.
[LO 8.2] Electronic claim
a. An accounting of patient services, charges,
[LO 8.2] CMS-1500 form payments/adjustments, and balance
[LO 8.3] Cycle billing
b. Payment determination report sent by
[LO 8.4] Collection agency insurance carrier
[LO 8.1] Fee schedule
c. Percentage that shows the effectiveness
[LO 8.4] Collection ratio of collection methods
[LO 8.3] Write-off
d. Insurance claim prepared on and transmitted by computer
[LO 8.2] Clearinghouse
e. Service used to pursue payment for services
[LO 8.2] ERA
f. Listing of medical procedures/services and
[LO 8.1] Patient statement usual charges
g. Universal claim form
h. Billing method used to provide consistent cash flow
i. Service that collects, corrects, and transmits insurance claims
j. Financial adjustment for PAR providers of the difference between submitted and allowable charges
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