When Hospital Billing Nightly Processing
When Hospital Billing nightly processing _____________ _____________, hospital accounts are run through DNB checks.
a) Reopens Accounts
b) Flags Exceptions
c) Identifies Claims
d) Closes Invoices
Final answer:
When Hospital Billing nightly processing identifies claims, they are checked with DNB to ensure accurate and up-to-date information for effective revenue cycle management. Therefore, the correct answer is b) Flags Exceptions.
Explanation:
When Hospital Billing nightly processing identifies claims, hospital accounts are run through DNB checks. DNB, or Dun & Bradstreet, is an organization that provides commercial data, analytics, and insights for businesses. Essentially, during the nightly processing, the hospital billing system reviews and identifies all the claims that were submitted during the day.
When Hospital Billing nightly processing flags exceptions, hospital accounts are run through DNB checks. This involves identifying claims that require further investigation or attention. By flagging exceptions, the billing system can notify staff to review and resolve any issues before closing invoices.
These claims are then checked against DNB's database to ensure that the information is correct and up to date. This process is crucial for the hospital's revenue cycle management as it helps to verify the creditworthiness of the entities to which the hospital is billing and can flag potential issues that may need to be addressed.
When should hospital accounts be run through DNB checks during Hospital Billing nightly processing? Hospital accounts should be run through DNB checks when Hospital Billing nightly processing identifies claims. This ensures that the information is accurate and up-to-date for effective revenue cycle management.