Question

Medical Billing Terminology Complete Parts A and B of this worksheet Part A Resource Medical Insurance: A Revenue Cycle Process Approach Complete the following table by defining each term lowing table by defining each term be clear and concise, use complete sentences, and B define the terms in your own words. venue Cycle Process Approach (7th ed.) Definition Term Accounts receivable (AR) Accounts payable (AP) Capitation Electronic health record (EHR) Encounter form Health information exchange (HIE) Health information technology (HIT) Diagnosis code Explanation of benefits Indemnity Personal health record (PHR) Practice management program (PMP) Protected health information (PHI). Remittance advice (RA) Revenue cycle management (RCM) NPI numbers Place of service codes Secondary insurance Birthday rule Primary insurance

Answer 1

Answer:

1. Account receivable: : It is the amount that is due and need to be paid by the patient in the healthcare organization.
2. Account payable: This is the amount that has to be paid by the organization or the owner to the vendor or suppliers for receiving goods.
3. Capitation: It is the amount that the physician takes for treating the number of the patients.
4. Electronic Health Record: It is the electronic health record system where all the patient's related health information are being saved.
5. Encounter form: It is the document which contains the final accurate billing for all the procedures and diagnosis.
6. Health information exchange: It is the exchange of the information within the healthcare organization which is electronically transferred by the system.