COB | What is Coordination of Benefits in medical billing?

Поделиться
HTML-код
  • Опубликовано: 20 окт 2024
  • In this video, Jasmine with IPS Learning Institute explains the meaning of Coordination of Benefits in medical billing and how it can impact your revenue cycle.
    Do you have a question about the revenue cycle or the business of healthcare? Drop your question below! #medicalbilling​ #coordinationofbenefits​ #cob
    ----------------------------
    ❓❓ Do you have a question about the revenue cycle or the business of healthcare? Drop your question below! #revenuecyclemanagement​ #revenuecycle​ #medicalbilling
    ----------------------------
    On this channel, we are passionate about improving the delivery of patient care by alleviating the stress and confusion in the business of healthcare by providing helpful training and resources.
    ✨ Interesting Training with us? Learn more here ipslearninginst...
    ✨ Did you know we also offer credentialing, billing, and consulting services? Learn More www.inlera.com/
    ✨ Join our Medical Billers Network Facebook Community: / 626491901635760
    ~~ RESOURCES, RELATED TOPICS & LINKS MENTIONED IN THIS VIDEO ~~
    ✨ The Healthcare Revenue Cycle Full Playlist • Healthcare Revenue Cycle
    ~~ OUR FAVORITE RESOURCES & GEAR ~~
    Our Favorite Medical Billing Software, Open Practice Solutions www.openpracti...
    Understanding Health Insurance: A Guide to Billing and Reimbursement - 2022 Edition amzn.to/3wyxtrQ
    CPT Code Book 2022 amzn.to/3mKFnca
    ICD Code Book 2022 amzn.to/3zdJFhh
    Our Favorite Planner amzn.to/3qAHD76
    Claims Forms amzn.to/2QoFdKM
    CMS 1500 Claims Envelopes amzn.to/3Ox2IsU
    Envelopes No Window amzn.to/3dGk73i
    Copy Printer Paper amzn.to/3na49Si
    WebCam Logitech C922x amzn.to/3ndxScV
    Blue Snowball iCE USB Microphone amzn.to/3ejqgBG
    Ring Light amzn.to/3FNuVs3
    This video is NOT sponsored. Some product links are affiliate links which means if you buy something, we'll receive a small commission.
    ~~ CONNECT WITH US ~~
    🌱 Train with Us: ipslearninginst...
    🌱 Club: www.joinclubho...
    🌱 Facebook: / inlerau
    🌱 LinkedIn: / inlerau
    Thanks for watching!!
    P.S. We want to give you more of what you want. What more do you want to learn about healthcare? Share your topics in the comments below!
    --------------------------
    Who is Jasmine?
    A natural-born leader, Jasmine believes in creating a work environment that is fulfilling to its team both personally and professionally. With over two decades working in the healthcare industry, she leverages her experience and passion for people to help guide the next generation of medical billers. By implementing new processes that have proven to be both efficient and effective, she’s able to help scale organizations to new levels.
    Jasmine works as a healthcare advisor and speaker to ensure her core mission of alleviating the stress and confusion from the business side of healthcare improves the patient care process. She is a master at developing systems that position an organization to grow while delivering exceptional services to its clients and patients. Jasmine has been able to reach new heights with her business by living a life full of passion and purpose.

Комментарии • 28

  • @stephaniequintana3656
    @stephaniequintana3656 2 года назад +2

    I'm studying for my Medical Coding & Billing test and I'm so glad I found your video! You explain the COB so well and love your teaching style.

    • @InleraU
      @InleraU  Год назад

      Aw, so kind of you to say! Have you taken the test yet? Hope it went well!

  • @edgaruriel9565
    @edgaruriel9565 3 года назад +2

    Hello. I started working for an American company focused on healthcare insurance Then I am still learning about the business of this area and found your video intereseting. Thanks

    • @InleraU
      @InleraU  2 года назад

      Welcome to the wonderful world of US healthcare :)) Glad to hear you find the videos helpful.
      Please feel free to ask any related questions that come up.

  • @nattgz240
    @nattgz240 Год назад +1

    I am so happy to have found your channel. Could you please make videos about Elegibility, DPPO P1, Dentacom, Filling Limit, Bulk Check, Fee Schedule, Super Networks, HIPPA validation and all that terminology that an assistant agent must know please this is my first time working for an insurance company and it's a lot to take in consideration in order to help to front desk. I appreciate your time and effort to explain us this topics. God bless you 🙏

    • @InleraU
      @InleraU  Год назад +1

      Hi there! Thank you for the kind words! We left a response on your other comment, let us know if that covers some of what you were looking for.

  • @JesiDavisBuildingaSimplerLife
    @JesiDavisBuildingaSimplerLife 3 года назад +3

    Love your work space! Great voice and energy! Very informative, you’re a great teacher! I definitely didn’t know any of this. 😬

    • @InleraU
      @InleraU  3 года назад

      Thanks for the feedback!! :)) so happy you enjoyed it!

  • @mizbakhan4962
    @mizbakhan4962 3 года назад +2

    Thank you for explaining this! So glad I found your channel ❤️

    • @LovetowatcH
      @LovetowatcH 3 года назад

      hi

    • @InleraU
      @InleraU  3 года назад

      Yay!! Welcome :-)) So happy you are here! Feel free to let me know if you have any topics you would like covered in future videos.

  • @Bert-xz7st
    @Bert-xz7st 5 месяцев назад +1

    Hello. I work for an insurance company and I just made a short video about what to do to quickly fix denied claims because of coordination of benefits.

  • @lzshow
    @lzshow 5 месяцев назад

    So when the doctor office submits the claim to payer a they will also add the information to payer b? Will payer a go after payment from payer b?

  • @kishorel7187
    @kishorel7187 3 года назад +1

    Hi nice to see your videos ,could you please make a video about recoupment,refund and offset with clear examples

    • @InleraU
      @InleraU  3 года назад

      Thank you for the comment! Yes, I will add this to our list of topics. Stay Tuned...

  • @vindvasinisingh8929
    @vindvasinisingh8929 2 года назад

    Hi , I am so glad I found your videos . You explained so well ❤. Can also explain what BA does in claims processing .

    • @InleraU
      @InleraU  Год назад

      Yay ! Glad you are finding them helpful. Can you explain the context of the acronym "BA"?

  • @LovetowatcH
    @LovetowatcH 3 года назад +3

    please explain with examples

    • @InleraU
      @InleraU  3 года назад

      Thank you for the feedback! I will absolutely add more examples for future videos.

  • @mrs.childers8333
    @mrs.childers8333 Год назад

    My insurance is trying to refuse payments. I had no idea about this. I never received any info. They denied payments on several bills. When I found out about it I went in and filled it out but they are saying I have to pay some they refuse to cover. I pay them every paycheck they took the payment every check. How can they refuse this

    • @InleraU
      @InleraU  10 месяцев назад

      Thank you for your comment. I’m so sorry to hear of your troubles. Are they denying Payments related to coordination of benefits? If so, then, all you need to do is reach out to them and confirm whether or not you have more than one insurance. If you have more than one insurance, we need to reach out to both of those companies to inform them of the other. This will allow them to communicate with each other to process your claims.

  • @akusarhetso3364
    @akusarhetso3364 2 года назад

    Thankyouuuesttt

    • @InleraU
      @InleraU  2 года назад

      You're welcome 😊

  • @Pkafa
    @Pkafa 3 года назад +3

    Your explanation is not very clear -hard to follow

    • @InleraU
      @InleraU  3 года назад +3

      Thank you for the feedback!
      Coordination of benefits is the way insurances determine how they should pay. Patient is responsible for updating each pf their insurance companies (when they have more than one) who is primary, secondary and tertiary and so on.
      For example, if a patient has three coverages with Medicare, BluecrossBlueshield (through a spouses employer ) and Aetna supplemental the patient has to provide and update to each company at least once a year who is supposed to 1st, 2nd and 3rd in line for processing & paying on the claims.
      Is that a bit clearer?

    • @simplyqgaming9103
      @simplyqgaming9103 2 года назад

      @@InleraU Thank you for the breakdown. I thank you. :) I wanted to acknowledge that does break it down for me at least :D

  • @nattgz240
    @nattgz240 Год назад

    I am so happy to have found your channel. Could you please make videos about Elegibility, DPPO P1, Dentacom, Filling Limit, Bulk Check, Fee Schedule, Super Networks, HIPPA validation and all that terminology that an assistant agent must know please this is my first time working for an insurance company and it's a lot to take in consideration in order to help to front desk. I appreciate your time and effort to explain us this topics. God bless you 🙏

    • @InleraU
      @InleraU  Год назад

      And we are happy to have you! I will add those to the list for sure, but I would also recommend this playlist if you haven't seen it yet, it is all about terms:
      ruclips.net/video/MoXDuZqRSmI/видео.html
      I hope that helped!