Career Foresight HR Solutions Interview Questions and Answers

Medical billing is the process of submitting and following up on claims with health insurance companies to receive payment for services rendered.

• Medical billing involves coding diagnoses and procedures, submitting claims to insurance companies, and handling denials and appeals.

• It requires knowledge of medical coding systems such as ICD-10 and CPT.

• Knack is a cloud-based platform that helps streamline medical billing processes by automating tasks and providing analytics.

• It can ...read more

I have had a positive and rewarding experience with my previous company.

• Received regular appreciation and recognition for my work

• Promoted to a higher position within a year of joining

• Successfully completed several projects on time and within budget

• Developed strong relationships with colleagues and clients

• Participated in training programs to enhance my skills

Yes, medical billing is the process of submitting and following up on claims with health insurance companies.

• Medical billing involves submitting claims to insurance companies for payment

• It requires knowledge of medical codes and insurance policies

• Errors in billing can result in delayed payments or denials

• Medical billing is an important aspect of healthcare revenue management

US health-care system is a complex network of public and private providers, payers, and regulations.

• US health-care is primarily provided by private sector organizations such as hospitals, clinics, and insurance companies.

• The system is heavily regulated by government agencies like the Centers for Medicare and Medicaid Services (CMS) and the Food and Drug Administration (FDA).

• Health insurance plays a major role in US health-care, with many Americans receiving coverage through t...read more

Knack Global is a business process outsourcing company.

• Knack Global provides services such as customer care, technical support, and back-office support.

• The company has a global presence with offices in India, the Philippines, and the United States.

• Knack Global serves clients in various industries including healthcare, finance, and e-commerce.

• The company is known for its focus on quality and customer satisfaction.

RCM stands for Revenue Cycle Management, it is the process of managing claims, payments, and revenue generation in healthcare organizations.

• RCM involves managing the financial aspects of healthcare services, from patient registration to final payment.

• It includes tasks such as verifying insurance coverage, submitting claims, and following up on unpaid claims.

• Efficient RCM can help healthcare organizations maximize revenue and minimize claim denials.

• Example: A medical billing c...read more

Medical billing involves submitting and following up on claims with health insurance companies to receive payment for services provided by healthcare providers.

• Medical billing is the process of submitting and following up on claims with health insurance companies to receive payment for services provided by healthcare providers.

• It involves translating medical procedures into billing codes that are submitted to insurance companies for reimbursement.

• Medical billers must be knowl...read more

Knack Global is a global consulting firm specializing in employee relations and HR solutions.

• Provides consulting services for employee relations and HR issues

• Offers training programs for HR professionals

• Helps organizations improve employee engagement and retention

• Assists in developing HR policies and procedures

• Works with companies of all sizes and industries