AudiologyOnline Phone: 800-753-2160


Exam Preview

Marrying a Private Practice: Partnering with Insurance Companies, Buying Groups, and Audiology Management Groups

View Course Details Please note: exam questions are subject to change.


1.  Audiologists are mandatory __________ providers:
  1. Medicare
  2. Medicaid
  3. Blue Cross/Blue Shield
  4. Kaiser Permanente
2.  An audiology practice will need what type of information to enroll in insurance?
  1. Employer Identification Number/Social Security Number
  2. Location Address
  3. National Provider Identifier
  4. All of the above
3.  A National Provider Identifier is needed for:
  1. The group/practice
  2. Each insurance
  3. Each provider
  4. The group/practice and each provider.
4.  When enrolling in multiple third party payers, what credentialing database may be helpful?
  1. National Provider Identifier (NPI)
  2. Merit-based Incentive Payment System (MIPS)
  3. Council for Affordable Quality Healthcare (CAQH)
  4. Electronic Medical/Health Records (EM/HR)
5.  What practice information is needed to decide if a third party payer’s reimbursement will benefit the practice?
  1. Owner’s salary
  2. Break-even rate
  3. Hourly rate
  4. Cost of Goods (COGs)
6.  Audiology buying groups can aid in:
  1. Reducing the price of COGs
  2. Insurance credentialing
  3. Marketing
  4. Insurance verification
7.  Audiology management groups can aid in:
  1. Reducing the price of COGs
  2. Insurance credentialing
  3. Marketing
  4. All of the above
8.  A third party payer contract should include:
  1. A fee schedule
  2. Guaranteed number of patients
  3. Waivers and Upgrade contracts
  4. Policy and Procedure manuals
9.  Third Party Administrators (TPAs/3Pas) are:
  1. Required
  2. Optional
  3. Branches of Medicare
  4. Obsolete
10.  If a third party payer’s network is closed, what steps can you take to enroll?
  1. Reach out to their CEO for assistance
  2. Pay them a large sum
  3. Contact them every quarter
  4. Give up and not be enrolled

Our site uses cookies to improve your experience. By using our site, you agree to our Privacy Policy.