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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
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