Theory 1
____________ represent a large portion of reimbursement in a medical office.
Third-Party Payers represent a large portion of reimbursement in a medical office.
Their doctor can still see an ________ patient even if he or she owes the practice's money.
Their doctor can still see an established patient even if he or she owes the practice's money.
A __________ cash flow occurs in a medical practice when an insurance carrier does not pay a claim in a timely manner.
A decreased cash flow occurs in a medical practice when an insurance carrier does not pay a claim in a timely manner.
The _______________________ is designed to address the collection practices of third-party debt collectors and attorneys who regularly collect debts for others.
The Fair Debt Collection Practices Act is designed to address the collection practices of third-party debt collectors and attorneys who regularly collect debts for others.
The total amount of money owed for professional services.
Accounts Receivable (A/R) - The total amount of money owed for professional services.
The ____________ aids in Billing & Collections.
The Patient registration form aids in Billing & Collections.
All Accounts ____ than 120 days should not go to a collection agency.
All Accounts older than 120 days should not go to a collection agency.
Insurance billing specialist must monitor Accounts __________ to evaluate the collection process.
Insurance billing specialist must monitor Accounts Receivable to evaluate the collection process.
__________ Calls should be placed after 8 A.M. and before 9 P.M.
Collection Calls should be placed after 8 A.M. and before 9 P.M.
A code of medical ethics formulated by the American Medical Association and adopted in 1847.
AMA Code of Medical Ethics - A code of medical ethics formulated by the American Medical Association and adopted in 1847.
One common trait of a future __________ patient is when the business or home telephone number is missing on a patient registration form.
One common trait of a future nonpaying patient is when the business or home telephone number is missing on a patient registration form.
All insurance billing specialists who handle checks or cash should be bonded and ________.
All Insurance billing specialists who handle checks or cash should be bonded and insured.
Office Fees and payment policies should be informed to a _____ patient via initial contact, brochure and confirmation letter sent to them.
Office Fees and payment policies should be informed to a new patient via initial contact, brochure and confirmation letter sent to them.
Most medical bills are _________ debt in a bankruptcy case.
Most medical bills are unsecured debt in a bankruptcy case.
An amount owed on a credit transaction.
Balance - An amount owed on a credit transaction.
When medical offers a discount it must be applied to the _______ bill.
When medical offers a discount it must be applied to the total bill.
A ___________________ is passed through the urethra to the bladder to view the urinary collecting system.
A Cystourethroscope is passed through the urethra to the bladder to view the urinary collection system.
________ any services are provided that is likely to be the most cooperative in furnishing details necessary for a complete registration process.
Before any service are provided that is likely to be the most cooperative in furnishing details necessary for a complete registration process.
Brachytherapy is a treatment used to treat prostate cancer by placing the radioactive elements directly into the prostate.
______________ is a treatment used to treat prostate cancer by placing the radioactive elements directly into the prostate.
A condition when a person or corporation is unable to pay debts.
Bankruptcy - A condition when a person or corporation is unable to pay debts.
A patient should not be given the option to pay now or have a bill _________ to them.
A patient should not be given the option to pay now or have a bill sent to them.
___________ is a prolonged erection.
Priapism is a prolonged erection.
______________ Billing is the type of billing system in which practice management software is used.
Computer billing is the type of billing system in which practice management software is used.
Urodynamics is the study of the motion and flow of urine.
___________ is the study of the motion and flow of urine.
Creditor - A person to whom money is owed.