List of Common Terms

  • Managed Care:
    Insurance that includes a Preferred Provider network to provide comprehensive care.
  • Medical Bill Review:
    The review of medical bills for inappropriate billing practices.
  • Medical Bill Repricing:
    In a database, capturing medical billing information and applying PPO, State fee or Negotiated reductions.
  • Utilization Review:
    Licensed medical professionals scrutinize and evaluate medical services either provided or to be provided.
  • Case Management:
    A continuous process for a patient with a catastrophic illness or injury.
  • Customer Service:
    Real customer service is serviced by an individual not an answering service.
  • PPO Network:
    Contractual agreement with medical providers for services.
  • National PPO Network:
    Contractual agreement with medical providers for services nationwide.
  • Hospital Bill Audits:
    The comparison of a hospital bill to its corresponding medical record.
  • Cost Containment:
    Employing any combination of all the services involved in bill review and repricing. Case management and Utilization review to decrease the cost of an injury to the payer.
  • State Fee Schedules for Worker's Compensation:
    Payment schedule indicating the maximum payment allowed for medical or medical related service rendered.
  • IL State Fee Schedule for Worker's Compensation:
    On July 20, 2005, the state legislature of Illinois enacted and the governor signed a bill stating the maximum payment allowed for medical procedures.
  • Medical Bill Negotiations:
    For maximum savings, non network bills are negotiated with the medical provider.
  • Special Projects:
    Client Specific

 

 

AMCC Inc.
540 Frontage Rd Ste 3220
Northfield, IL 60093

Tel. (847) 441-8822
Fax (847) 411-6788
Email: info@AMCCInc1.com