Create a flow chart using Microsoft® Word illustrating the five steps of the claims adjudication process from the time of initial processing through final payment. Include a brief 250- to 300-word explanation for the following:
Capstone CheckPoint
•Resource: Appendix A, pp. 449–477 in Ch. 14 of Medical Insurance, and Microsoft® Help Web site
•Refer to Ch. 14 of Medical Insurance and previous assignments from that chapter as a resource. Visit the Microsoft® Help link for assistance with questions related to creating a flow chart in Microsoft® Word at: http://support.microsoft.com/
•Create a flow chart using Microsoft® Word illustrating the five steps of the claims adjudication process from the time of initial processing through final payment. Include a brief 250- to 300-word explanation for the following:
oIdentify the purpose for each step in claim adjudication process.
oExplain the relationship between each of the different steps.
oProvide a one-sentence summary describing how claims adjudication is important to the medical billing process.
•Post your flow chart and explanation as an attachment.