Medical Billing & US Tax Foundations
Discover the essentials of medical billing, from coding patient visits to managing denied claims. Then, learn the basics of the US tax system, including key forms like the 1040 and vital compliance tips.
Sessions
Medical Claims Submission
After this session, you'll be able to explain how medical claims are submitted to insurance companies, both electronically and via paper forms.
5 min
Medical Bill Journey
After this session, you'll be able to explain the complex journey a medical bill takes from a doctor's visit to getting paid.
5 min
US Tax Forms Explained
After this session, you'll be able to identify the main forms used in US individual income tax and understand the basic structure of the tax system.
5 min
CPT & ICD-10 Codes
After this session, you'll be able to differentiate between CPT and ICD-10 codes and understand their importance in medical billing.
5 min
Claim Denials & Appeals
After this session, you'll be able to identify common reasons for claim denials and describe the basic steps for managing and appealing them.
5 min
Tax Liability Explained
After this session, you'll be able to explain how gross income, deductions, and credits affect an individual's tax liability.
5 min
Tax Compliance Essentials
After this session, you'll be able to outline essential tax compliance requirements, including deadlines and record-keeping best practices.
5 min
Tax Planning Strategies
After this session, you'll be able to recognize fundamental tax planning strategies for individuals, especially concerning retirement and education savings.
5 min
What you'll achieve
Explain the medical claim lifecycle from patient visit to reimbursement.
Differentiate between CPT and ICD-10 codes and their crucial roles in billing.
Describe the process of submitting medical claims and effectively managing denials.
Identify the major components of the US individual income tax system.
Understand the purpose and key information on tax forms like W-2, 1099, and 1040.
Explain the difference between tax deductions and tax credits and their impact on tax liability.
Outline basic tax compliance requirements and best practices for record-keeping.
Recognize fundamental tax planning strategies for individuals, such as retirement contributions.