Show:
VOCABULARY 1
VOCABULARY 2
ACCOUNTING PROCEDURES
MISCELLANEOUS
INSURANCE CLAIMS & PAYMENTS
100
Owner's Equity
What is the rights of the owner (providers, community, and so on)?
100
Posting
What is recording transactional information form the journal to the patient ledger?
100
Yes
Is accounting a "system" for recording all transactions in a Medical Office?
100
Place of Service
What does POS stand for?
100
Yes
When you are sending claims , do you send them in Batches?
200
Liabilities
What is the medical offices' debt or obligations?
200
Pegboard
What is a one-write system where you enter the transaction a single time?
200
analysis
Cashflow is a what _________ of how much money is coming in and out?
200
Type of Service
What does TOS stand for?
200
Explanation of Benefits
What is a EOB
300
Day Sheet
What is the list of all transactional information for a given day?
300
Daily journal
What is used to record original transactions in chronological order?
300
No
Using a Pegboard, is it true that you have to enter transactions more than once?
300
Unapplied Payments
What is the Red stand for in Medisoft?
300
Blue
What color is for partially paid payments?
400
Accounting Equation
What is a formula used to analyze each transaction at your Medical Office?
400
Cash-basis accounting
What is recording revenues when cash is recieved?
400
cash basis & accrual basis
What are the 2 basic types of Accounting in practice today?
400
Principal Procedure
What does PP stand for?
400
Pink
What is the color for over applied payments?
500
Cycle billing
What is the medical office's statements are equally divided and sent twice a month, weekly, or daily?
500
Accrual-basis accounting
What is recording revenue when services are performed?
500
Assets-Liabilities=Owner's equity
What is the basic accounting equation
500
patients, dates of service, charges, amount paid, reason for denying
What does a RA list?
500
fully applied payments
What is the color white mean in Medisoft?