HIPAA Guidelines Apply to Which of the Following Types of Healthcare

question 36

Short Answer

HIPAA guidelines apply to which of the following types of healthcare administrative transactions?
A)Health insurance claims
B)Claim status requests and reports
C)Eligibility requests and verifications
D)All of the above

• A)Health insurance claims
• B)Claim status requests and reports
• C)Eligibility requests and verifications
• D)All of the above

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Definitions:

Capital Budgeting

The process a business undertakes to evaluate potential major projects or investments.

Payback Period

The amount of time it takes for an investment to generate enough cash flow to recoup its original cost.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specified period.

Time Value of Money

The concept that money available now is worth more than the same amount in the future due to its potential earning capacity.