Search results
Find definitions of medical abbreviations commonly found in health records. If you do not know an abbreviation, you may be able to find out what it means here.
- General Medical Coding Terms
- Insurance Types
- Learn More About Rivet
ASC: Ambulatory Surgery Center
An outpatient health care facility that is more than a medical office but less than a full-fledged hospital.
ATD: Applied to Deductible
The amount of money a patient owes to a provider that goes to paying their annual deductible.
AOB: Assignment of Benefits
Insurance payments paid directly to the healthcare provider for medical services administered to a patient. This occurs after a claim has been successfully processed.
ACO: Accountable Care Organization
See HMO.
CDHP: Consumer-driven Health Plan
Members receive PPO-like benefits, but only after they’ve paid their deductible. This deductible is generally quite high, but usually comes with low premiums and a health savings account. Money from this account can be used to help pay for out-of-pocket expenses.
CMS: Centers for Medicare and Medicaid Services
Medicare and Medicaid are different, though both are referred to as CMS. The biggest difference between these is in reimbursement. On average, Medicaid pays out an estimated 61% of what Medicare does nationally for outpatient physician services, according to a study by Forbes.
With Rivet’s reimbursement software, you’ll see everything that’s happening with your payer contracts, fee schedules, denials and underpayments. Easily work denials by RARC or CARC and apply what you learn to avoid future denials. Plus, check eligibility and provide accurate, up-front patient cost estimates. You can even collect on those estimates!...
Acute Care: Medical and Surgical treatment usually provided by a hospital. Admission rates: Number of people admitted to hospital. Admitted Pathway: The care a patient receives when they are admitted to hospital. AEC: Ambulatory Emergency Care - patients that can be treated as a short Emergency Care attendance.
Jul 29, 2021 · A Quick Guide to Billing Department and Revenue Cycle Acronyms. For health systems, hospitals and practice group billing departments, there is an abundance of acronyms commonly used by providers, payers, clearinghouses, banks, technology vendors and outsourcing firms.
The PATIENT FRIENDLY BILLING project designed this glossary to be used as a guide to commonly used terms for financial communication with patients and consumers. The terms were gathered from several sources, including hospital bills and statements.
Oct 11, 2023 · The world of medical billing encompasses a myriad of terms and processes that keep the healthcare system running efficiently. Understanding these terms is pivotal for providers to ensure proper billing and for patients to know their financial responsibilities.
Learn about the NHS Confederation and our support for health and care systems, organisations and leaders. Our handy acronym buster has over a thousand commonly used healthcare abbreviations for you to access when you need them.
