Admin & Finance - Section 4: Provider Enrollment and Fee Schedule Flashcards
(149 cards)
Fee schedules are kept in offices to determine ____ for services rendered.
Compensation
A list of charges for health care services
Fee schedule
Why do health care providers keep fee schedules in their offices?
To specify the amount of compensation they want for providing selected services
True or False:
The clinic can have multiple fee schedules.
False; the clinic should have one unique fee schedule
True or False:
Commercial, Medicare, Medicare Advantage, Medicaid, Medicaid MCO, and self-pay patients can be charged different amounts.
False; all commercial, Medicare, Medicare Advantage, Medicaid, Medicaid MCO, and self-pay patients should be charged the same amount.
True or False:
All commercial, Medicare, Medicare Advantage, Medicaid, Medicaid MCO, and self-pay patients should be charged the same amount.
True
Why can’t a clinic have different fee schedules for different types of patients?
Different fee schedules can be viewed as a form of discrimination
True or False:
Payers will have different payment rules, claim submission requirements, and service reporting rules, but all fees should be the same across payers.
True
True or False:
Even though payers will have different payment rules, claim submission requirements, and service reporting rules, fees do not have to be the same across payers.
False; payers will have different payment rules, claim submission requirements, and service reporting rules, but all fees should be the same across payers.
What is considered to be lynch pin of the revenue cycle?
The fee schedule
Fee schedules affect all financial aspects of an RHC. They are critical factors when:
1) Signing ____ agreements
2) ____ insurance companies
3) Offering charity care ____
4) Reporting ____ and adjustments
5) ____ the billing, coding, and documentation processes
1) Payer
2) Charging
3) Discounts
4) Revenue
5) Managing
The objective of setting fees is to set the fee high enough to ____ commercial payer reimbursement.
Maximize
The objective of setting fees is to set the fee high enough to maximize commercial payer reimbursement, but not so excessive that fees place an undue burden on what type of patients?
Private pay patients
What percent of the charge amount does coinsurance account for for RHC patients?
20%
True or False:
Provider-based RHCs cannot have a different fee schedule than the parent hospital.
False; provider-based RHCs may have a different fee schedule than the parent hospital
An agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms is known as ____
Price fixing
True or False:
Generally, antitrust laws required that companies work together to establish prices and other terms. Companies should seek to agree with their competitors on these items as well.
False; the antitrust laws require that each company establish prices and other terms on its own, without agreeing with a competitor
For price fixing to occur, the agreement must be written
False; an agreement can be written, verbal, or inferred from conduct
Setting fees based on what other providers are charging is considered to be what?
Illegal price fixing
True or False:
You should survey other providers to see what their fees are when setting your own fee schedule.
False; do not survey other area providers when setting fees
Many RHCs want to use the all-inclusive rate (AIR)/encounter rate as their Medicare charge amount. Is this correct or incorrect reporting for Medicare claims?
Incorrect
True or False:
Clinics should use their customary fees when converting from a fee-for-service clinic to an RHC.
True
Choose one:
1) RHCs should not match their clinic fees to their encounter rate.
2) RHCs should match their clinic fees to their encounter rate.
1
True or False:
A clinic should jack up their fees when they’re becoming an RHC
False; you don’t want to jack your fees up because you’re becoming an RHC