Medisoft Chapter 1 and 2 – Flashcards
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accounting cycle
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the flow of financial transactions in a business
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accounts receivable (AR)
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monies that are flowing into a business
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adjudication
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series of steps that determine whether a claim should be paid
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capitation
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payment to a provider that covers each plan member's health care services for a certain period of time
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coding
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the process of translating a description of a diagnosis or procedure into a standardized code
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coinsurance
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percentage of charges that an insured person must pay for health care services after payment of the deductible amount
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consumer-driven health plan (CDHP)
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a type of managed care in which a high-deductible, low-premium insurance plan is combined with a pretax savings account to cover out-of-pocket medical expenses
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copayment
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A fixed fee paid by the patient at the time of an office visit
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deductible
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amount due before benefits start
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diagnosis
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physician's opinion of the nature of the patient's illness or injury
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diagnosis code
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a standardized value that represents a patient's illness, signs, and symptoms
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documentation
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a record of health care encounters between the physician and the patient, created by the provider
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electronic health record (EHR)
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a computerized lifelong health care record for an individual that incorporates data from providers who treat the individual
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encounter form
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a list of the procedures and charges for a patient's visit
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explanation of benefits (EOB)
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document from a payer that shows how the amount of a benefit was determined
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fee-for-service
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health plan that repays the policyholder for covered medical expenses
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health maintenance organization (HMO)
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a managed health care system in which providers agree to offer health care to the organization's members for fixed payments
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health plan
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a plan, program, or organization that provides health benefits
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managed care
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a type of insurance in which the carrier is responsible for both the financing and the delivery of health care
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medical coder
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a person who analyzes and codes patient diagnoses, procedures, and symptoms
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medical necessity
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treatment provided by a physician to a patient for the purpose of preventing, diagnosing, or treating an illness, injury, or its symptoms in a manner that is appropriate and is provided in accordance with generally accepted standards of medical practice
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medical record
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a chronological record of a patient's medical history and care that includes information that the patient provides, as well as the physician's assessment, diagnosis, and treatment plan
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modifier
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a two-digit character that is appended to a CPT code to report special circumstances involved with a procedure or service
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patient information form
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a form that includes a patient's personal, employment, and insurance data needed to complete an insurance claim
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payer
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private or government organization that insures or pays for health care on behalf of beneficiaries
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policyholder
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a software program that automates many of the administrative and financial tasks in a medical practice
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practice management program (PMP)
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a software program that automates many of the administrative and financial tasks in a medical practice
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preferred provider organization (PPO)
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managed care network of health care providers who agree to perform services for plan members at discounted fees
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premium
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the periodic amount of money the insured pays to a health plan for insurance coverage
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procedure
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medical treatment provided by a physician or other health care provider
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procedure code
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a code that identifies a medical service
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remittance advice (RA)
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an explanation of benefits transmitted by a payer to a provider
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statement
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a list of all services performed for a patient, along with the charges for each service
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administrative safeguards
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administrative policies and procedures designed to protect electronic health information outlined by the HIPAA Security Rule
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audit/edit report
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a report from a clearinghouse that lists errors to be corrected before a claim can be submitted to the payer
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audit trail
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a report that traces who has accessed electronic information, when information was accessed, and whether any information was changed
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autoposting
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an automated process for entering information from a remittance advice (RA) into a practice management program
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breach
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the acquisition, access, use, or disclosure of unsecured PHI in a manner not permitted under the HIPAA Privacy Rule
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clearinghouse
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a company that receives claims from a provider, prepares them for processing, and transmits them to the payers in HIPAA-compliant format
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CMS-1500 (08/05)
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the mandated paper insurance claim form
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computer-assisted coding
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assigning preliminary diagnosis and procedure codes using computer software
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electronic data interchange (EDI)
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the exchange of routine business transactions from one computer to another using publicly available communications protocols
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electronic funds transfer (EFT)
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the electronic routing of funds between banks
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electronic medical records (EMRs)
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the computerized records of one physician's encounters with a patient over time
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electronic prescribing
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the use of computers and handheld devices to transmit prescriptions in digital format
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evidence-based medicine
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medical care based on the latest and most accurate clinical research
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health information technology (HIT)
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technology that is used to record, store, and manage patient health care information
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Health Information Technology for Economic and Clinical Health Act (HITECH)
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part of the American Recovery and Reinvestment Act of 2009 that provides financial incentives to physicians and hospitals to adopt EHRs and strengthens HIPAA privacy and security regulations
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HIPAA (Health Insurance Portability and Accountability Act of 1996)
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federal act that set forth guidelines for standardizing the electronic data interchange of administrative and financial transactions, exposing fraud and abuse in government programs, and protecting the security and privacy of health information
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HIPAA Electronic Transaction and Code Sets standards
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regulations requiring electronic transactions such as claim transmission to use standardized formats
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HIPAA Privacy Rule
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regulations for protecting individually identifiable information about a patient's health and payment for health care that is created or received by a health care provider
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HIPAA Security Rule
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regulations outlining the minimum administrative, technical, and physical safeguards required to prevent unauthorized access to protected health care information
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National Provider Identifier (NPI)
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a standard identifier for health care providers consisting of ten numbers
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personal health records (PHRs)
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private, secure electronic files that are created, maintained, and owned by the patient
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physical safeguards
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mechanisms required to protect electronic systems, equipment, and data from threats, environmental hazards, and unauthorized intrusion
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protected health information (PHI)
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information about a patient's health or payment for health care that can be used to identify the person
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technical safeguards
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automated processes used to protect data and control access to data
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walkout statement
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a document listing charges and payments that is given to a patient after an office visit
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workflow
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a set of activities designed to produce a specific outcome
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X12-837 Health Care Claim (837P)
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HIPAA standard format for electronic transmission of a professional claim from a provider to a health plan