In EPIC Resolute, which statement best describes how contracts and pricing interact to determine patient bills?

Master the EPIC Resolute Hospital Billing Test. Prepare with detailed flashcards and multiple-choice questions, each with helpful hints and comprehensive explanations. Ace your exam!

Multiple Choice

In EPIC Resolute, which statement best describes how contracts and pricing interact to determine patient bills?

Explanation:
In EPIC Resolute, the bill is created by applying payer contract terms to the service prices in the system. Contracts determine the allowed amounts, discount rates, and patient responsibility, while pricing provides the actual service prices by feeding the CDM (Charge Description Master) and generating the claim line items. So, pricing supplies the prices for each service, the CDM holds those prices, and the contract terms determine how those prices are adjusted to show what the payer will cover and what the patient owes. The result is the calculated payer payment based on the allowed amount and discounts, plus the patient responsibility (deductibles, coinsurance, copays) defined by the contract.

In EPIC Resolute, the bill is created by applying payer contract terms to the service prices in the system. Contracts determine the allowed amounts, discount rates, and patient responsibility, while pricing provides the actual service prices by feeding the CDM (Charge Description Master) and generating the claim line items. So, pricing supplies the prices for each service, the CDM holds those prices, and the contract terms determine how those prices are adjusted to show what the payer will cover and what the patient owes. The result is the calculated payer payment based on the allowed amount and discounts, plus the patient responsibility (deductibles, coinsurance, copays) defined by the contract.

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