Author Question: What is meant by the term payment floor? What will be an ideal ... (Read 51 times)

audragclark

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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

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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.



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