Sree Vasavi Degree College Interview Questions and Answers

The process involves managing accounts receivable by following up on unpaid claims, resolving denials, and ensuring timely payment from insurance companies.

• Following up on unpaid claims

• Resolving denials

• Ensuring timely payment from insurance companies

Aob in RCM stands for Assignment of Benefits, which is a legal authorization given by a patient to allow their insurance company to pay the healthcare provider directly.

• Aob is a common term used in Revenue Cycle Management (RCM) in the healthcare industry.

• It is a form signed by a patient that authorizes their insurance company to pay the healthcare provider directly for services rendered.

• Aob helps streamline the billing process and ensures that the healthcare provider receive...read more

ABN stands for Advanced Beneficiary Notice. It is a notice given to Medicare patients when a service is likely not going to be covered.

• ABN is used to inform Medicare patients that a service may not be covered by Medicare.

• It allows patients to make an informed decision about whether to proceed with the service and potentially be responsible for payment.

• ABN is typically used for services that are considered medically unnecessary or not covered by Medicare.

• Examples of services t...read more

AOB stands for Assignment of Benefits, which is a legal agreement between a patient and their healthcare provider allowing the provider to receive payment directly from the patient's insurance company.

• AOB is commonly used in medical billing to ensure that healthcare providers receive payment for services rendered.

• It is important for AR callers to understand AOB agreements in order to effectively communicate with insurance companies and patients.

• Examples of situations where AO...read more

Explanation of AR caller role in healthcare industry

• AR callers are responsible for following up on unpaid medical claims

• They work with insurance companies to resolve billing issues

• AR callers need to have strong communication and problem-solving skills

• Examples: contacting insurance companies to verify coverage, appealing denied claims

Yes, I have a reliable internet connection with high speed and minimal downtime.

• I have a high-speed internet connection with a reliable service provider.

• I rarely experience downtime or connectivity issues.

• I am able to access online resources and systems without any interruptions.

Medicare and Medicaid are government-sponsored healthcare programs in the United States.

• Medicare is a federal health insurance program primarily for individuals aged 65 and older, as well as certain younger people with disabilities.

• Medicaid is a joint federal and state program that helps with healthcare costs for people with limited income and resources.

• Medicare is divided into different parts, such as Part A (hospital insurance) and Part B (medical insurance).

• Medicaid covers...read more