MED 126 Quiz 4 Chapter 49 Flashcards

1

The process by which the debts of an individual or business are resolved if they cannot be paid

2

Legal requirement to provide written terms of a loan in language that can be easily understood

3

A bill sent to a patient that contains charges, payments and adjustments

4

The process of finding out how long specific account balances have been outstanding

5

Message encouraging payment of a bill

6

A check that exceeds the amount of funds in a bank account

7

A firm that is in the business of collecting overdue accounts

8

Total amount owed

9

Money owed by the medical office to a patient,

10

Account for which no billing information is available

MED 126 Quiz 4 Chapter 49