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Q. What is a superbill and why is it important?

A superbill is a detailed record of services provided during a patient visit. For example, it might list CPT 99213 for ...

Q. What does EOB stand for in medical billing?

Answer: EOB stands for Explanation of Benefits, which is a document that explains how much of the medical services the insurance ...

Q. What is a DRG code?

Answer: A DRG (Diagnosis-Related Group) code is used for classifying inpatient hospital stays based on the diagnosis and treatments provided, impacting ...

Q. How do medical billers stay updated with coding and billing regulations?

Medical billers stay updated by: Attending training sessions: For instance, webinars from AAPC. Reading industry publications: Newsletters from the Healthcare Billing ...

Q. What is a copayment (copay)?

Answer: A copayment is a fixed amount a patient pays for a service at the time of the visit, typically for ...

Q. What is a contractual adjustment?

Answer: A contractual adjustment is the amount a healthcare provider reduces their charges based on an agreement with the insurance company. ...

Q. What is an RA (Remittance Advice) code?

Answer: RA codes explain the status of a claim on the remittance advice, indicating whether a claim was paid, denied, or ...

Q. What is a remittance advice (RA)?

Answer: A remittance advice is a document sent by an insurance company that explains the status of a claim, including whether ...

Q. What is medical billing?

Medical billing is the process of preparing and submitting claims to insurance companies to receive payment for healthcare services. For example, ...

Q. What are common errors in medical billing, and how can they be avoided?

Common errors include: Incorrect coding: Like using 99213 instead of 99214 for a complex visit. Duplicate claims: Submitting the same claim ...

Q. What is the difference between a claim and a bill?

Answer: A claim is a request for payment sent to an insurance company, while a bill is the statement sent to ...

Q. What is the role of a guarantor in medical billing?

Answer: The guarantor is the person responsible for paying the medical bills, often the patient or a parent/guardian. Example: A parent ...

Q. What is a clean claim?

Answer: A clean claim is one that is error-free and meets all the payer’s requirements, leading to prompt processing and payment. ...

Q. What is the role of a claims adjuster?

Answer: A claims adjuster reviews medical claims to determine whether they should be paid, how much should be paid, and whether ...

Q. What are the primary responsibilities of a medical biller?

The main responsibilities of a medical biller include: Coding medical services: Assigning codes such as CPT and ICD-10 to services, e.g., ...

Q. What is a superbill?

Answer: A superbill is a document used by healthcare providers to itemize the services rendered to a patient, which is then ...

Q. What is the difference between medical billing and medical coding?

Medical coding involves assigning standardized codes to procedures and diagnoses, such as ICD-10 codes for diseases and CPT codes for services. ...

Q. What is an ICD-10 code and why is it important?

An ICD-10 code classifies and documents diseases and conditions. For instance, I10 is the code for essential hypertension. These codes are ...

Q. What is the main purpose of medical billing?

Answer: The primary goal of medical billing is to ensure healthcare providers receive reimbursement for the services they provide, typically by ...

Q. What does COB stand for in medical billing?

Answer: COB stands for Coordination of Benefits, a process used to determine which insurance plan pays first when a patient has ...

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