Final Exam: Medical Billing and Coding
questions with verified answers passed
An aging population will use more healthcare services to manage a multitude of chronic
diseases. - correct answer ✔✔Which of the following is a reason for why the field of medical
billing and coding is in high demand?
Medical coding - correct answer ✔✔What is the process of reporting diagnoses and
procedures/services as numeric and alphanumeric characters on the insurance claim?
Telehealth - correct answer ✔✔What is the two-way, real time video visit between the patient
and the physician at a distant site?
Deductible - correct answer ✔✔What is the amount for which the patient is financially
responsible before an insurance policy provides payment?
Commercial - correct answer ✔✔What type of health insurance is provided through your
employer or purchased directly from an insurance company?
Documented - correct answer ✔✔What is the missing word in the following phrase: "If it wasn't
__________, it wasn't done."
Subjective - correct answer ✔✔What section of the SOAP note containers the chief complaint
and the patient's description of the presenting problem?
Electronic Health Record (EHR) - correct answer ✔✔What is health information in a digital
format that is created and shared by providers across more Thant one healthcare setting?
, Bundled payment - correct answer ✔✔What is the reimbursement method where one payment
covers all services during an episode of care?
Referral - correct answer ✔✔What is a written order from you primary care provider for you to
see a specialist or get certain medical services?
Consumer-directed health plans - correct answer ✔✔What health plans are designed to put
more responsibility on the employee for their healthcare spending?
Accounts receivable - correct answer ✔✔In a physician practice, revenue cycle management is
also called what?
Electronic Data Interchange (EDI) - correct answer ✔✔What is the computer to computer
transfer of data between providers and third-party payers?
Rejected claim - correct answer ✔✔What type of claim was never entered in to the computer
system of the insurance company because it failed to meet specific data requirements?
Allowable charge - correct answer ✔✔What is the maximum amount that an insurer will
reimburse for a covered service or procedure?
Patients are informed about what charges to expect. - correct answer ✔✔What is the price
transparency in healthcare?
Emancipated minor - correct answer ✔✔What is the term for an individual who has not
reached the age of majority (usually 18) but is no longer under the care and control of parents?
Protected Health Information (PHI) - correct answer ✔✔What is any information that can link a
specific individual to medical records?
questions with verified answers passed
An aging population will use more healthcare services to manage a multitude of chronic
diseases. - correct answer ✔✔Which of the following is a reason for why the field of medical
billing and coding is in high demand?
Medical coding - correct answer ✔✔What is the process of reporting diagnoses and
procedures/services as numeric and alphanumeric characters on the insurance claim?
Telehealth - correct answer ✔✔What is the two-way, real time video visit between the patient
and the physician at a distant site?
Deductible - correct answer ✔✔What is the amount for which the patient is financially
responsible before an insurance policy provides payment?
Commercial - correct answer ✔✔What type of health insurance is provided through your
employer or purchased directly from an insurance company?
Documented - correct answer ✔✔What is the missing word in the following phrase: "If it wasn't
__________, it wasn't done."
Subjective - correct answer ✔✔What section of the SOAP note containers the chief complaint
and the patient's description of the presenting problem?
Electronic Health Record (EHR) - correct answer ✔✔What is health information in a digital
format that is created and shared by providers across more Thant one healthcare setting?
, Bundled payment - correct answer ✔✔What is the reimbursement method where one payment
covers all services during an episode of care?
Referral - correct answer ✔✔What is a written order from you primary care provider for you to
see a specialist or get certain medical services?
Consumer-directed health plans - correct answer ✔✔What health plans are designed to put
more responsibility on the employee for their healthcare spending?
Accounts receivable - correct answer ✔✔In a physician practice, revenue cycle management is
also called what?
Electronic Data Interchange (EDI) - correct answer ✔✔What is the computer to computer
transfer of data between providers and third-party payers?
Rejected claim - correct answer ✔✔What type of claim was never entered in to the computer
system of the insurance company because it failed to meet specific data requirements?
Allowable charge - correct answer ✔✔What is the maximum amount that an insurer will
reimburse for a covered service or procedure?
Patients are informed about what charges to expect. - correct answer ✔✔What is the price
transparency in healthcare?
Emancipated minor - correct answer ✔✔What is the term for an individual who has not
reached the age of majority (usually 18) but is no longer under the care and control of parents?
Protected Health Information (PHI) - correct answer ✔✔What is any information that can link a
specific individual to medical records?
