Senior AR Associate Interview Questions and Answers

Denial codes CO 29, 18, 11, 1, 2, 3, etc. are used in medical billing to indicate specific reasons for claim denials.

• CO 29 - The time limit for filing has expired

• CO 18 - Duplicate claim/service

• CO 11 - Insufficient documentation

• CO 1 - Deductible amount

• CO 2 - Coinsurance amount

• CO 3 - Co-payment amount

The question is asking about unsatisfied ethical and determination way.

• Discuss a situation where you faced an ethical dilemma and how you resolved it.

• Talk about a time when you had to make a difficult decision that required determination.

• Provide examples of how you prioritize ethics and determination in your work.

• Explain how you handle situations where ethical standards conflict with business goals.

• Highlight your ability to stay determined and focused on achieving goals despi...read more

The impact of artificial intelligence on the future of work

• AI is transforming industries by automating tasks and processes

• AI can improve efficiency and productivity in the workplace

• AI may lead to job displacement but also create new job opportunities

• AI technologies include machine learning, natural language processing, and robotics

TurnedaroundIn is a term used in accounts receivable to describe the time it takes to resolve outstanding invoices.

• TurnedaroundIn refers to the time it takes for a company to collect payment on outstanding invoices.

• It is a key metric in accounts receivable management, indicating the efficiency of the collection process.

• A lower TurnedaroundIn value is desirable as it signifies faster payment collection.

• For example, if a company has a TurnedaroundIn of 30 days, it means it take...read more

My daily work routine involves processing invoices, reconciling accounts, communicating with customers, and resolving any billing issues.

• Review and process incoming invoices

• Reconcile accounts and ensure accuracy

• Communicate with customers regarding payment status

• Resolve any billing discrepancies or issues

• Update records and maintain documentation