Mod C Term Words Week 1

Multifunctional electronic health system programs that, in addition to med records mgmt, provide other functionalities

A written description of agreed terms of payment; also called a Federal Truth in Lending Statement

Patient health records are created and stored on a computer or other electronic storage device.

A certificate of guaranteed payment, which may be purchased from a bank, a post office, or some convenience stores.

Money owed by a business; the practice’s expenses

Expansion of HIPAA coverage thru increased regulations & enforcement penalties related to EHR & practice mgmt systems

The patient, caregiver or entity responsible for payment of the healthcare bill.

Recipient of payment

Fraction appearing in the upper-right corner of all printed checks that identifies the geographic area & specific bank

Statement that shows the cash on hand at the beginning of a period, the income and disbursements made during the period

The process of communicating the income and expenses of a business and its financial health

Use of certified electronic health record technology to improve quality, safety & efficiency & reduce health disparities

A bank check issued by a bank on bank paper and signed by a bank representative

A payer’s check written and signed by the payer that is stamped “certified” by the bank.

An agreement between the physician/patient stating that the patient will pay a bill in more than four installments

A check that is void after a certain time limit; commonly used for payroll

A company that provides information about the credit-worthiness of a person seeking credit

Income or money owed to a business

Written description of agreed terms of payment between patient/medical practice when made in more than 4 pmts

The systematic recording of business transactions.

System that sends invoices to groups of pts every few days, instead of billing all patients over the month

Signature on the back of a check with the terms for accepting the check as payment

Health record that provides summary of medical information, maintained in electronic or other format by an individual

A screen that provides an overview or “snapshot” of the patient demographic information in an EHR system

Patient medical record created and stored on a computer or other electronic storage device