1. a new billing specialist in the office tells you it is less costly to submit electronic claims directly to to the insurance carriers without using a clearinghouses? why do you think offices use clearinghouses? what are benefits?

Answers

Answer 1

Offices use clearinghouses for different reasons, consisting of the "scrubbing" of claims before they are communicated to a person carrier to ensure claims are clean.

Why do you think offices use clearinghouses?

In an office that conducts business with a large number of insurance carriers, it would be time-consuming to learn the transmission requirements of each carrier.

Adding to it, the main drawbacks of clearinghouses include no guarantees, costly, juggling multiple clearinghouses and HIPAA compliance problems.

Furthermore, the benefits of clearinghouses allow healthcare practices to communicate electronic claims.

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Related Questions

which two things do CRM methods accomplish?
CRM is a set of methods that seeks both to understand costumers and to ______ about customers segments that companies should consider catering too.
FILL IN THE BLANK.

Answers

Answer:

I think it's make decisions

Explanation:

"CRM is a set of methods that companies use to understand customers. These methods make decisions regarding the selected customer segments"

The CRM is used for making decisions as it seeks to both understand the consumers and know about the segments that companies cater to.

What is a CRM?

A CRM is a customer relationship management software that is a process that businesses and other organizations used to administrator the interactions among the customer typically using the data analysis to study a large amount of information.

Thus the system understands snd helps to decide the companies the customers they are catering to.

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in the annual report, where would a financial statement reader find out if the company’s financial statements give a fair depiction of its financial position and operating results? quizlet

Answers

In the annual report,a reader would find out about financial statement  if the company’s financial statements give a fair depiction of its financial position and operating results, in an Audit report.

An audit report refers to a letter from the auditor of an organization that's the top results of the audit process. It points out the auditor’s opinion on if the company’s financial statements like the records are according to the extensively accepted accounting principles (GAAP) and if they're free from material misstatement.

The audit report is usually in the mid of the company’s annual report. The audit report is required by banks,  investors, financial institutions,creditors, and regulators. When the auditor issues a healthy  report, it means the company’s financial statements are found according to the accounting standards. An unqualified report will indicate that the financial plan could have some errors.

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many of the most important factors that shape a negotiation result do not occur during the negotiation, but occur after the parties have negotiated

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Many of the most important factors that shape a negotiation result do not occur during the negotiation, but occur after the parties have negotiated, is the false statement.

What is negotiation?

In order to reach a specified end goal, two or more parties will work together during discussions to discover a compromise or a solution that will be acceptable to all parties.

One party will state their position, and the other will either agree with it or take a different position in response. Investigation, determining your BATNA, presentation, negotiating, and closing are the five steps of negotiation.

Thus, it is a  false statement.

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when a country decides to focus on advanced technology and a skilled labor force, it is primarily answering which of the basic economic questions?

Answers

When a country decides to focus on advanced technology and a skilled labor force, it is primarily answering the basic economic question is - "Which wants to satisfy?"

What are three economic questions every nation must answer?

Any mechanism for distributing limited resources qualifies as an economic system. Three fundamental questions are answered by economic systems:

what will be produced?How is it going to be made?How will society distribute the products it produces?

There are two extremes in the responses to these queries. In command economies, the government makes choices on the distribution of resources as well as the distribution of output and consumption. In market economies, the factors of production and consumption are all coordinated via markets, and private ownership of resources is formed through property rights.

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when the goals of two or more people are interconnected so that only one can achieve the goal—such as running a race in which there will be only one winner—this is a competitive situation, also known as a non-zero-sum or distributive situation.

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When the goals of two or more people are interconnected so that only one can achieve the goal—such as running a race in which there will be only one winner—this is a competitive situation, also known as a non-zero-sum or distributive situation.

Buying a car is a classic example of distributive bargaining. A vehicle sale includes two disparate parties: a customer and a vendor. In this case, each person has special hobbies: even as the seller wants to make as lots cash as viable, the purchaser seeks to pay the least amount of money feasible.

Distributive bargaining is a competitive bargaining approach in which one celebration profits only if the other party loses some thing. it is used as a negotiation approach to distribute constant sources including cash, assets, property, and many others. among both the events.

In a zero-sum state of affairs, it's miles impossible for one celebration to enhance its role with out the opposite party suffering a corresponding loss. If one aspect receives $1,000 greater, meaning the opposite facet gets $1,000 less. The wins and losses add up to zero.

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crane inc started the month of june 2025 with total assets of 222000 and total liabilites of 132000. during june, the business crecorded 342000 in revenues, 157000, in expenses, and didvends of 56000. the net income reported by crane for the month of june was

Answers

If the revenues of the Crane Inc. for the month of June were $342,000, and its expenses for the month were $157,000, its total net income for the month will be $185,000.

What is the significance of net income?

The net income of a company can be referred to or considered as the total profits made by the company during a given financial period after deduction of all the expenses incurred during the same period. It can be calculated as the difference between revenues and expenses.

In the condition given above, the net income will be calculated as,

Net Income = Revenues – Expenses

Net Income = $342,000 – $157,000

Net Income = $185,000

Therefore, the net income for Crane Inc. for the month of June upon incurring the given revenues and expenses has been aforementioned.

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The cash basis of accounting records revenues and expenses when the cash is exchanged while the accrual basis of accounting.

Answers

The cash basis of accounting records income and expenses when cash is exchanged while the accrual basis of accounting records revenues and expenses when they are incurred.

The notion of accrual basis accounting (time basis) is one of the basics in making accounting records. Revenues and expenses are recognized (recorded) when the transaction occurs regardless of whether cash is received or disbursed. This accrual basis is more widely used in business practices than cash basis accounting.

The difference between the actual basis of accounting with the cash basis with several parameters, including the following:

Cash Recording TimeIncome RiskData InformationInput ProcessHPP RecordingPurchase Order RecordingAccounting Standards

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Labor unions negotiated a 3-year contract with employers in the automobile industry. They agreed to a 3 percent per year increase in pay over the 3 years. How would each group be affected by an actual inflation rate of 4% next year?.

Answers

Each group is affected by the actual inflation rate of 4% next year workers will be worse off, and employers will be better off.

The Consumer Price Index (CPI) is an indicator used to measure the inflation rate that calculates the average change in the price of an item or service that can be consumed in a certain period. The United States Bureau of Labor Statistics conducts a monthly survey to identify the CPI by comparing the current and past prices of goods or services – from housing, food, transportation to clothing.

According to economists, the CPI has its drawbacks. The CPI does not take into account taxes or assumes that an increase in product prices can cause various reactions from consumers, such as buying cheaper substitutes. But in general, the CPI has a fairly useful role in measuring prices over time.

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Use the drop-down menu below to choose the best job for each example given.
Young operates an Army tank. His job title is best described as
Latrice coordinates the communications for air, water, and ground military forces. Her job title is best described as
Quincy uses weapons and equipment to participate in combat on land. His job title is best described as

Answers

Answer:C,D,B

Explanation:

Answer:

Young operates an Army tank. His job title is best described as

✔ Armored Assault Vehicle Crew Member

Latrice coordinates the communications for air, water, and ground military forces. Her job title is best described as

✔ Command and Control Center Specialist

Quincy uses weapons and equipment to participate in combat on land. His job title is best described as

✔ Infantry Member

Explanation:

A bank ______ is an important control because it provides independent verification of all cash transactions the bank has processed for the company. This internal report should be prepared by an employee whose duties are separate from recording and handling of cash.

Answers

A bank reconciliation is an important control because it provides independent verification of all cash transactions the bank has processed for the company.

What is bank reconciliation?

A bank reconciliation statement  can be described as the summary of banking as well as the  business activity that can been linked with the  reconciliation of an an entity's bank account  with respect to the financial records.

Therefore, in this case it should be noted that  this statement outlines  some of part of the financial statements such as :

deposits withdrawal

In conclusion, A bank reconciliation is an important control because it provides independent verification of all cash transactions the bank has processed for the company as well as other activities affecting a bank account which do occur over some given period of time in the bank and this is very essential in the banking sector as well as the financial institutions.

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(04.03 LC)
Which type of insurance covers homes, land, and other structures?

A. Collision
B. Health
C. Liability
D. Property

Answers

Answer:

D. Property

hope this helps out

Property insurance is the type of insurance which covers homes, land, buildings and other structures. It provides coverage of your property.

Property Insurance

Insurance may be defined as a protection from a financial loss of any possesssion.

It is in the form of an agreement where the insurer is promised for a reimbursement for any financial losses by the insurance agency.

Property Insurance provides financial coverage to your possessions such as house, offices, land, buildings and other properties against any damages causd by floods, fire, theft or any other reasons.

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a social enterprise model characterized by organizations that donate a share of their incomes to nonprofits that addresses basic unmet needs.

Answers

A social enterprise model characterized by organizations that donate back   a share of their incomes to nonprofits that addresses basic unmet needs.

Which best explains why many religious workers work for nonprofit organizations?a. Nonprofit organizations exist to help people rather than to make money.b. Nonprofit organizations are government funded.c. Nonprofit organizations receive all their money from donations.d. Nonprofit organizations do not require much money.​

Nonprofit organizations exist to help people rather than to make money.

A  non-profit organization is a non-commercial entity that was founded to advance ethical social principles and make constructive contributions to society.

Many religious workers choose to work for non-profit organizations because these organizations support moral principles and do not practice religious discrimination, which is a problem for many global corporations because of differences in culture and religion.In order to guarantee the most secure and comfortable working environment possible for NGO employees.

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amazon is an online retailer that sells a combination of goods, services, or ideas; for example, it sells kindle e-readers, which are a kind of good, as well as amazon prime video, which is a kind of service. the kindle e-reader and amazon prime are which p of the marketing mix for amazon?

Answers

Product( P) of the marketing mix of amazon is the kind of service, the kindle e-reader and amazon prime are part of.

What is the marketing mix?

A foundational business model known as the "marketing mix" has historically focused on the four Ps of product, price, place, and promotion. The phrase "set of marketing tools that the firm uses to pursue its marketing objectives in the target market" refers to the marketing mix.

The name of tangible goods is not the product marketing mix. In general, it refers to tangible things like people, places, organizations, and even ideas or combinations of these characteristics.

Hence, Product( P) of the marketing mix of amazon is the kind of service, the kindle e-reader and amazon prime are part of.

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which of these factors might contribute to a decrease in worker wages? downsizing of the company advanced education of workers increase in worker productivity increased demand for goods

Answers

The  factor that  might contribute to a decrease in worker wages is  Increase in worker productivity.

What is  productivity?

Productivity can be described as the  efficiency of production of goods or services expressed  through different some measure.

It should be noted that the Measurements of productivity are often expressed as a ratio of an aggregate output with respect to the single input.

In some cases the aggregate input used in a production process which implies that the  output per unit of input is been used in the calculations with respect to time specific period of time, hence factor that  might contribute to a decrease in worker wages is  Increase in worker productivity.

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Answer: Hello I know I'm late

Explanation:

It would be downsizing since the rest of the answers would increase the chances of higher wages.

"Supply and demand affects workers. If the demand for a good goes down, then less workers will be required. In addition, wages might go down.

However, if there is an increased demand for a good which leads to not having enough items to meet the demand, then more workers will be required. This can also lead to increased wages."

ultimately, who pays the majority of the economic burden of the tax is dependent upon the marginal tax rate. the cost-benefit priniciple. the marginal principle. the relative supply and demand elasticities.

Answers

The relative supply and demand elasticities. If the demand is inelastic, then the consumer cannot change demand much when the price changes, and hence the tax burden is more on the consumer, thence, the more. inelastic the demand/ supply, the move the border of the tax.

The Theory of Demand is a Law that states the connection between the amount Demanded of a product and its fee, assuming that every one of the opposite elements affecting the Demand is constant. According to the Law of Demand Theory, the amount Demanded of a commodity is inversely associated with its fee withinside the market.

Demand traits are extraneous variables that could have an effect on the results of the study. These cues may also nudge members to consciously or unconsciously alternate their responses.

These are examples of ways the regulation of delivery calls for works withinside the actual world. An organization units the fee of its product at $10.00. No one needs the product, so the fee is decreased to $9.00. Demand for the product will increase at the brand new decrease fee factor and the organization starts offevolved to make cash and a profit.

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please help, this is culinary class

Answers

Answer: 1. cutlet knife 2.carving 4.steak knife 5. salmon knife 6. Paring

7. Boning 8. Chef's knife 9. peeling knife 10. bread knife

Explanation:

Answer:

1. cutlet knife 2.carving 4.steak knife 5. salmon knife 6. Paring

7. Boning 8. Chef's knife 9. peeling knife 10. bread knife

Explanation:

the last guy

also

thank u for this

i needed this question

At the beginning of october, nc inc. Had a beginning balance in supplies of $650. During the month, the company purchased $800 of supplies on account. At the end of the month, the company counted up the remaining supplies and determined there was $300 left. What amount should be debited to supplies expense at the end of october?.

Answers

Cash service revenue = $2,000 Cash collected from accounts receivable should be debited to supplies expense at the end of October.

What are accounts receivable?

Money owed to a business in the near future is represented by the asset account known as accounts receivable on the balance sheet. When a business permits a customer to pay for its products or services on credit, accounts receivable are generated.

Similar to accounts receivable, accounts payable tracks money that is owed as opposed to money that will be collected. The ratio of accounts receivable to sales outstanding or days sales outstanding can be used to determine how strong an organization's AR is.

To determine when the AR will actually be received, a turnover ratio study might be performed.

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jessica purchased 136 shares of stock at $32 using her 70% margin account. her maintenance margin is 40%. jessica has no other securities in her account. at what price will she receive a margin call?

Answers

Jessica purchased 136 shares of stock at $32 using her 70% margin account. her maintenance margin is 40%. jessica has no other securities in her account At she receives a margin call is $19.00.

The equity to your margin account is the cost of your securities less how tons you owe to your brokerage firm. FINRA policies require this upkeep required to be a minimum of twenty-five percent of the overall marketplace price of the margin securities. A margin call happens whilst the share of the equity inside the account drops beneath the upkeep margin requirement.

This deposit amount is referred to as the initial margin requirement. In this situation, the initial preservation margin requirement is forty percent of the acquisition rate of the change. For the dealer to buy the full one hundred shares, they need to maintain a balance of 40% of the change purchase amount of their margin account. you could without difficulty decide an organization's income margin by using subtracting the fee of products sold COGS from its overall revenue and dividing that figure by using the overall sales.

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businesses look for insights in huge volumes of data from web traffic, email, social media, and internet-connected machines.

Answers

Businesses look for insights into huge volumes of data from web traffic, email, social media, and internet-connected machines such as Big Data and the Internet of Things.

What do you understand about the Internet of things?

The network of physical items, or "things," that are implanted with sensors, software, and other technologies for the purpose of communicating and exchanging data with other devices and systems through the internet is referred to as the Internet of Things (IoT). The internet of things, or IoT, is a network of connected computing devices, mechanical and digital machinery, items, animals, or people that may exchange data across a network without requiring human-to-human or human-to-computer interaction. He titled his presentation "Internet of Things" since in 1999 the internet was the biggest new technology and it made sense.

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what is the purpose of this media message? to inform people that they have the opportunity to support a cause to inform people that they have the opportunity to save money

Answers

The purpose of this media message is to inform people that they have the opportunity to save money. Thus, option B is correct.

What is the media?

Media refers to any route of transmission. This can range from written paper to electronic material, and it provides data in a broad range of forms, including art, journalism, and instructional materials.

A media message is a form of communication that eventually contributes to a viewer, including a television program, website, news article, advertising, or status update through which the information can be conveyed.

As there needs to be a message that needs to be sent to the people, that means that the message can be conveyed that the people need to save money as well as the methods can also be said or be specified in the same with the help of any medium that can be possible. Therefore, option B is the correct option.

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define the term business​

Answers

Answer:

Business refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

Explanation:

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virtually all jobs and professions, regardless of the proficiency or experience needed to perform them, require good skills.

Answers

Virtually all jobs and professions, regardless of the proficiency or experience needed to Skills Professionals Need for Workplace Success. A talent is the learned capacity to accomplish an action with predictable outcomes and good execution, generally in a limited amount of time, energy, or both.

In the domain of work, for example, some general skills would include time management, teamwork and leadership, self-motivation, and others, whereas domain-specific abilities would only be utilized for a certain job. To assess the amount of skill displayed and employed, certain contextual triggers and scenarios are normally required. When a talent represents a body of information.

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the development of shipping containers enable companies to move freight quickly between ships trucks and trains

Answers

Impact the shipping container have on globalization an increase, in the shipping development  because it decreases transportation costs .

Shipping containers moving between trucks, ships and trains would ensure minimum disruption to cargo during transport from origin to destination.

Shipping containers :

This simplified the global logistics process overall and revolutionized international trade. Standardized containers have transformed the shipping and transport industry, allowing the transport of goods by rail, road, and ship easily, as the containers can fit onto different forms of transport with ease.

The development of shipping containers enables companies to move freight fastly between ships, trucks, and trains by loading a single large container with many more different goods and then moving the container. Before the container, freight had to be loaded and unloaded one palette, barrel, or box at a time.

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(plz anwser asap!!))

What is the best way to combat stereotypes in the workplace?

Answers

Answer:

Explanation:

rather than combating them dont give into or reject them but be yourself and have a good attitude it shows others that group with stereo types that its okay to be an individual.

what happens to the equilibrium wage when demand for workers decreases and supply rises?
gov/econ

Answers

When the demand for workers is low and the supply of workers is high, the equilibrium wage will go down.

If the high demand curve shifts to the right, firms are actually inclined to pay higher wages per hour of exertion considering that call has increased. I called for decreases, the curve shifts to the left, and corporations are willing to pay decreased wages according to an hour of exertion.

Wages in a competitive market are determined by means of demand and delivery. An increase in demand or a reduction in supply will increase the equilibrium wage. A reduction in demand or growth in supply will reduce the equilibrium wage.

An exchange in the salary or income will result in a change in the quantity demanded of hard work. If the salary price increases, employers will want to lease fewer employees. The quantity of labor demanded will lower, and there could be a movement upward along the demand curve.

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On september 1, jerry co. Sold $2,000 of services for cash. On september 10, jerry co. Sold $5,000 of services on account. On september 20, jerry co. Collected $3,500 from accounts receivable. Calculate the ending balance in accounts receivable for september assuming no beginning balance.

Answers

The final service revenue balance for September was $5500.

How does a balance sheet work?

A balance sheet shows the assets, liabilities, and owner equity of a company as of any given date. Typically, a balance sheet is produced at the end of set periods (e.g., every quarter; annually). A balance sheet is made up of two columns. The left-hand column contains a list of the company's assets.

What use does a balance sheet serve?

You can get a brief overview of your company's financial status via a balance sheet. Along with an income statement and a cash flow statement, a balance sheet can help business owners evaluate the financial standing of their company.

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The September service revenue ending balance is $5500.

What exactly is service revenue?A company's service revenue is the income it earns from providing a service. The figure appears at the top of an income statement and is added to revenue from product earnings to calculate a company's total revenue for a given time period.This could be a monthly subscription service, rent, licensing fees, or a retainer. Businesses can forecast future sales using recurring revenue by calculating the value of ongoing payments.The banknotes produced by a company as a result of providing a service are referred to as service revenue. For accounting purposes, revenue is recorded on the income statement rather than the balance sheet with other assets. Revenue is used to buy other assets, pay down debt, and pay dividends to shareholders.

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which side of brenda’s investment has gained a greater percent return, and how much greater is it? a. the bonds showed a return that was 4.78 percentage points higher than that of the stocks. b. the bonds showed a return that was 4.95 percentage points higher than that of the stocks. c. the stocks showed a return that was 8.63 percentage points higher than that of the bonds. d. the stocks showed a return that was 3.58 percentage points higher than that of the bonds.

Answers

Brenda’s investment has gained a greater percent return, and how much greater is it the stocks showed a return that was 8.63 percentage points higher than that of the bonds. Thus, Option C is the correct.

What is the Stock market?

Buyers and sellers can trade equity shares of public firms in stock exchanges.Due to their ability to democratise access to investor trading and capital exchange, stock markets are essential elements of afree-market economy.Prices are discovered and traded in stock markets in an efficient manner.The Securities and Exchange Commission (SEC) and regional regulatory agencies oversee the American stock market.The phrase "stock market" describes a number of marketplaces where shares of publicly traded firms can be purchased and sold. Such financial transactions take place on official exchanges and in over-the-counter (OTC) markets that adhere to a predetermined set of rules.

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branches of accounting​

Answers

Branches of Accounting
Financial Accounting. Financial accounting is a systematic method of recording transactions of any business according to the accounting principles.
Cost Accounting. Cost accounting is considered a type of managerial accounting.
Auditing.
Managerial Accounting.
Tax Accounting.
Forensic Accounting.
Fiduciary Accounting.

What measures the change in prices of a basket of goods and services in a given year
Choices
A. Recession
B. Depression
C. Deflation
D. Inflation

Answers

Hmm I think it’s D. Inflation

Answer:

d. inflation

Explanation:

PLATO

Beekeeping has become a focus of Jacinta’s life. She understands that bees are fast disappearing and works hard to keep her hives healthy and productive. The Agriculture, Food, and Natural Resource pathway Jacinta works in is _____.
a) Food Products & Processing Systems
b) Agribusiness Systems
c) Animal Systems
d) Natural Resources Systems

Answers

Answer:

the answer is b which is: Agri business

Answer: c

Explanation:

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