Author Question: What is meant by the term payment floor? What will be an ideal ... (Read 71 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
What is meant by the term payment floor?
 
  What will be an ideal response?

Question 2

What is the name of the period of time hospitals delay billing?
 
  What will be an ideal response?



DHRUVSHAH

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

A period of time Medicare and other insurance plans delay paying a claim after it has been adjudicated.

Answer to Question 2

The hold bill or bill-hold period.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

For a complete list of videos, visit our video library