The Specific Function of Converting Data Arriving in a Noncompliant

question 19

Multiple Choice

The specific function of converting data arriving in a noncompliant format into a HIPAA-compliant format is performed by a:

• A) third party payer.
• B) clearinghouse.
• C) hospital billing department.
• D) billing clerk.
• E) All of the above

---

Definitions:

Cash Flow Growth Rate

The rate at which a company's cash flow increases or decreases over a specific period.

Required Rate

The minimum rate of return that an investor expects or requires from an investment to make it worthwhile.

Timeframe

The period during which certain actions are supposed to occur or a particular event is planned to take place.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return. Present value accounts for the time value of money.