OMan Ch. 18

The prevailing fee is referred to by insurance companies as the _____ fee.

This Act provides guidelines for collecting an individual's credit information.

Providers have the option to waive co-payments and can accept whatever the insurance pays.

A discount is entered as what because this amount will be subtracted from the total balance.

Changes made that affect the pt's balance but are not a new charge or payment are called what.

Most adjustments are _____ that are subtracted from the account balance.

When payments are this many days past due, they become very difficult to collect.

Patients' financial records are maintained together with their medical records.

The pegboard system is an old bookkeeping system that is efficient, but rarely used anymore.

In accounting terms, a payment is also referred to as a what.

To make sure the accounts/entries are correct, the day sheets are _____ at the end of each day.

AR aging analysis reports accounts receivable according 2 length of time since it's been billed

This is a carryover from the days of manual billing.

Which is NOT a typical accounts receivable transaction.

This provides a guide for determining the fair collections practices for creditors.

Pt accounting software is also referred to as what.

The pt's medical record is maintained separately from their what.

An MA should always be demanding when asking pts for payment.

A bulk EOB statement creates additional paperwork.

Which is NOT an example of an adjustment.

A charge is a monetary cost for services or supplies that increase the account balance.

Which is NOT included on an office day sheet.

The amount of money the pt owes is called what.

Medicare states that the number one reason for rejected claims is what.

"Days in AR" means the average number of days that money has been owed to the pt.

According to the guidelines of making collections, which is NOT advisable.

Once a pt's account is turned over to this agency, most offices terminate physician-pt contact.

AP is money owed to a business by customers in exchange for goods/services provided.

Patient accounting software is referred to as a practice management system.