Vocabulary
What is a statement
A request for payment
What are three filing systems used for paper files ?
Alphabetical, numeric , and subject
When should registered mail be used ?
Should be used for an important piece of mail that you want to make sure arrives to the recipient.
True or false : the allowable amount is not taken into account when determining how much the patient owes
False
What is a matrix
A grid with time slots locked out when physicians are unavailable or the office is closed
What is a fee-for -service
Model in which providers set the fees for procedures and services
True or false : cross reference sheets are needed for numeric filing systems
True
How should Mail be sorted
By order of importance
What is a day sheet
Is a daily record of financial transactions including services rendered , charges, and receipts .
What is a template
A document with a preset format that is used as a starting point so that it does not have to be recreated each time
Guarantor
Person or entity responsible for the remaining payment of services after insurance has paid
What is involved in a terminal numbering system?
Assigning consecutive patients numbers with the additional of clustering numbers into groups of twos or thees
What the 3rd step in sorting and distributing mail
Open the mail neatly and In an organized fashion
A provider bought a new piece of equipment for $2000 the office put down $500 and has a balance of $1500 . what part of the equation Is the providers assets ?
The $2000 and the equipment it purchased re considered the providers assets
What is a invoice
A document that describes items purchased or services rendered and shows the amount due
What is bookkeeping
Part of the offices accounting functions to include recording classifying and summarizing financial transactions
Why is it important to use a good system when filing charts ?
So they are easy to find
What types of mail are sent to medical practices
Laboratory reports, payments of service , hospital reports , etc .
What is the difference between a copayment and coinsurance
Copayment is a fee collected at the time of the service
Coinsurance is the percentage of the health care costs the patient is responsible for after the deductible has been met
What is a reimbursement
Payment from insurance companies
What is a deductible
The amount a patient must pay before insurance pays anything
What are two advantages of a numeric filing system
Allows unlimited expansion without periodic shifting of folders and provides additional confidentiality to the chart
What is the order of sorting the mail ?
Providers personal mail , ordinary first class mail , checks from insurance companies and patients, periodicals and newspapers, and all other pieces
What is a EHR?
An electronic record of health related information about a patient that conforms to nationally recognized interoperability standards that can be created , managed, and reviewed by authorized providers .
What is consent
A patient permission