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HIT Chap 14

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Accounts receivable   monies owed to the practice  
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Assignment of Benefits   an arrangement by which a patient requests for the health insurance to pay benfefits directly to the provider  
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Billing Cycle   the period when medical offices send statements to the patients  
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Collection agency   an organization that obtains or arranges for payment of money owed to a third party  
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Daily journal   a chronological record of all patient transactions;also called a day sheet  
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Equal Credit Opportunity Act   act stating that a company can not discriminate against a credit applicant based on race, color, religion, national origin, marital status, age, or sex  
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Fair Credit Reporting Act   law that gives consumers the right to a copy of ther credit reports  
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Fair Debt Collections Practices Act   act that prohibits certain abusive methods used by third party collectors or bill collectors hired to collect overdue bills  
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General Ledger   permanent history of all financial transactions from day one of the life of a practice  
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Patient information form   a form that contains the demographic information for the patient; name, address, employer, and health insurance information  
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Patient ledger   chronological accounting of a patients’ or family’s transactions  
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Payroll journal   a listing of wages and salaries  
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Plaintiff   the party bringing the lawsuit  
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Small claims litigation   process that is setup to make it easy for individuals or businesses to recover legitimate debts without using expensive legal advisors  
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Surrogates   substitutes  
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Truth in Lending Act   requires the person or business entity to disclose the exact credit terms when extending credit to applicants  
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Created by: Alyshia
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