Insurance Billing Routines, Posting Payments and Secondary Insurance Billing

Questions

• Explain this statement, “Insurance claims management is a vital part of the reimbursement process”.
• Explain the major sections of the CMS-1500 form, and discuss the pros/cons of electronic vs. paper billing.
• Describe the components of a Medicare Remittance Advice (RA) / Explanation of Benefits (EOB) form.
• Why are “medical collectors” important to a physician’s office?