• Identify the various government and private health insurance plans. • Explore the different managed care organizations and the importance of collecting accurate billing information. • How to obtain preauthorization for services • Complete a CMS-1500 claim form • Use the information found on explanation of benefits. • Define the bookkeeping transactions that occur in a healthcare facility. • Describe how to perform accounts receivable and payable procedures including posting charges, payments, and adjustments.
Price: $595.00

    Medical billing and reimbursement is the lifeline of the healthcare facility. Often times, we forget that healthcare facilities are still businesses that require revenue to maintain operations. This is the reason medical billing and reimbursement is so vital to the success of any medical facility. Managing the financial aspect of a healthcare facility is an important part of providing patient services. Every patient encounter generates a financial transaction of some kind. These transactions must be accounted for and accurately processed. This course will explore all of the skills any medical professional may need to perform the financial tasks in a healthcare facility.
    Introduction Lesson 1: Health Insurance Basics Lesson 2: Billing and Reimbursement Lesson 3: Accounts, Collections, and Banking Summary Study Assignments Final Exam
    All required reference materials are provided with this program. Technical requirements: Internet Connection • Broadband or High-Speed (DSL, Cable, Wireless) Hardware Requirements • Processor - 2GHz Processor or Higher • Memory - 1 GB RAM Minimum Recommended Software Requirements • Operating Systems - Windows 7, 8 or 10; Mac OS x 10 or higher • Microsoft Office 2007, 2010 or 2013 or a Word Processing application to save and open Microsoft Office formats (.doc, .docx, .xls, .xlsx, .ppt, .pptx) • Internet Browsers - Google Chrome is highly recommended • Cookies MUST be enabled • Pop-ups MUST be allowed (Pop-up Blocker disabled) • Adobe PDF Reader
    This class is an independent-study course. Students will have all the resources needed to successfully complete the course within the online material. A student helpdesk is available for technical support during the course enrollment.

    Product Type:
    Course Type:
    Professional Enrichment
    3 months
    Avg Completion:
    3 Months

      • 100% Online, Self-Paced
      • Open Enrollment
      • Admissions and Student Support
      • Multimedia Rich and Interactive Content
      • Industry Certification Exam, when applicable
      • Hands-on Opportunity Upon Completion

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