Discuss the life cycle of an insurance claim. For example, where does this cycle begin? How...

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Discuss the life cycle of an insurance claim. For example, where does this cycle begin? How does it begin? In your discussion, demonstrate your ability to discuss the following terms: • claims submission • clearinghouse • clean claim • electronic remittance advice • EDI. Claims Processing: Adjudication: Electronic Remittance Advice (ERA): Account Reconciliation: Discuss the life cycle of an insurance claim. For example, where does this cycle begin? How does it begin? In your discussion, demonstrate your ability to discuss the following terms: • claims submission • clearinghouse • clean claim • electronic remittance advice • EDI. Claims Processing: Adjudication: Electronic Remittance Advice (ERA): Account Reconciliation:

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The life cycle of an insurance claim involves several stages that begin when a healthcare service is provided and end with the reimbursement being received Lets discuss the key stages and terms involv... View the full answer