AAPC CPB - Chapter 10 Review questions with answers

AAPC CPB - Chapter 10 ReviewWhich statement is TRUE regarding the Prompt Payment Act? a. Patients are required to pay patient balances within 30 days. b. Patient balances are dismissed if a statement is not sent to the patient within 30 days. c. Federal agencies are not required to respond to all clean claims within 30 days of receipt. d. Federal agencies are required to pay clean claims within 30 days of receipt. - correct answer d. Federal agencies are required to pay clean claims within 30 days of receipt. When a provider wants to give a discount on services to a patient, which option is acceptable? a. The provider can waive the co-paymant at his discretion. b. The provider can accept insurance only payments and write-off all patient balances. c. The provider must discount the charge prior to billing the insurance carrier. d. The provider cannot discount the charge under any circumstance. - correct answer c. The provider must discount the charge prior to billing the insurance carrier. What does a high number of days in A/R indicate for a medical practice? a. The practice is using their A/R for loan purposes. b. The practice has good policies in place, which results in good collections of outstanding balances. c. The practice potentially has a problem in the revenue cycle. d. The days in A/R do not indicate anything about the practice. - correct answer c. The practice potentially has a problem in the revenue cycle. A provider removes a skin lesion in an ASC and receives a denial from the insurance carrier that states "Lower level of care could have been provided." What steps should the biller take?