SuiteMedMD : Complete Healthcare Solutions Provider
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Improving the Business of Healthcare - Providing Excellent Services to The Heathcare Industry for over 10 Years Improving the Business of Healthcare - Providing Excellent Services to The Heathcare Industry for over 10 Years
 
Medical Term Glossary - F
 
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Federal Tax ID Number - A number assigned by the federal government to doctors and hospitals for tax purposes.
Financial Responsibility- How much of your bill you have to pay.
Fiscal Intermediary- A private company that has a contract with Medicare to pay Part A and some Part B bills. For TRICARE and CHAMPVA, the insurance company that handles the claims for care received within a particular state or country.
Fraud and Abuse- Fraud: To purposely bill for services that were never given or to bill for a service that has a higher reimbursement than the service produced. Abuse: Payment for items or services that are billed by mistake by providers, but should not be paid for by the insurance plan. This is not the same as fraud.