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Mod 113 Week 3 Flashcards | StudBud
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Mod 113 Week 3
Mod 113 Week 3
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#MOA #MOD113 #Week3
Flashcards
26 cards
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Practice quiz
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Questions
26
Answers
1
Patient in need of medical care, yet cannot pay are called...
Unsecured debt
Descendant
None of these
Medically indigent
2
Last resort option to collect payment from an outstanding pt account...
Small claims court
Executor
Collections
Guarantor
3
To add money to an account
Credit
Accounts receivable
Accounts payable
Debit
4
Payments returned to insurance companies for over payments made on pt accounts...
Debit
Refunds
Credit
Charges
5
This is the management of debt incurred and not yet paid...
Debit
Accounts payable
Accounts receivable
Credit
6
When a pt pays a check without having sufficient funds in the bank
Debt
Plaintiff
Collections
Non-sufficient funds
7
Amount of money the healthcare facility has in the bank that can be withdrawn as cash...
Cash on hand
Unsecured debt
Accounts payable
Accounts receivable
8
Which is most successful collection strategy?
Collection letter
Telephone call
Patient account statement
Notes
9
Individual who subscribes to an insurance plan and accepts financial responsibility...
Guarantor
Descendant
Executor
None of these
10
Credits posted to the pt account when the provider's fee exceeds amount allowed stated on EOB
Credit
Adjustments
Refunds
Debit
11
This is money that is expected but has not yet been received...
Accounts payable
Accounts receivable
Credit
Debit
12
Coordinator of financial resources assigned by the court during a bankruptcy case...
Descendant
Executor
Trustee
Guarantor
13
Name of something of value that cannot be touched physically...
None of these
Adjustments
Intangible
Stocks
14
NSF is abbreviation for?
Non Sufficient Funds
No Sufficient Funds
No Solid Funds
15
This is a party filing a complaint in a court of law...
None of these
Small claims court
Defendant
Plaintiff
16
Individual assigned to make financial decisions about the estate of a deceased patient...
None of these
Executor
Guarantor
Descendant
17
This is a recording of financial transactions in the patient account...
Bookkeeping
Pegboard system
Provider's fee schedule
Adjustments
18
List of products or services provided to the healthcare facility for payment...
Pegboard system
None of these
Bookkeeping
Invoice
19
What is the first thing MOA should do when a check is returned by bank?
Write off the account
File it with the district attorney's office
Refuse to see patient until matter is resolved
Contact person who wrote check
20
Who in the office is authorized to sign checks?
A random person
The Doctor
Only the names appear on the signature card
Any trusted staff member
21
Document guaranteeing payment of a specific amount of money to the payer named on document is:
Convenient
Negotiable
Legally binding
Principal
22
NP is abbreviation for?
No Payments
Naughty people
Nice people
New Patient
23
Criminal law that prohibits the exchange of anything of value to reward patient
Medically indigent
Plaintiff
Small claims court
Anti-kickback
24
Fees established by the provider for services rendered...
Professional courtesy
Provider's fee schedule
Anti-kickback statute
Adjustments
25
Process of using all legal resources available to collect payment for past due accounts...
Collections
Credit
Debit
Non-sufficient funds
26
Family member who takes responsibility for the pt's estate after his/her death...
Executor
Descendant
None of these
Guarantor