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AAHAM CRCS STACK 9

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Question
Answer
show Average days of Revenue in Accounts Receivable AKA A/R Days outstanding to calculate: A/R at a specific time DIVIDED BY average daily revenue = ADRR  
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Define Charity Care   show
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Define Indigent   show
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show An uncollectable account, resulting from extension of credit.  
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show public relations policy charity care requirements disc policy practice of charging interest Contract amt implications Age when acct is considered uncollectible determination/verification of responsible party process for handling errors/complaints  
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Chapter 7 Bankruptcy   show
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show "Reorganization Bankruptcy". Gives a reprieve from creditor claims while make payments and try to get caught up.  
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show If debtor has 12 or more creditors, 3 of which have claims in excess of $5K each - or at least 1 creditor with more than $10,775, can request involuntary BK.  
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Chapter 12 Bankruptcy   show
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Chapter 13 Bankruptcy   show
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show Flag pt acct including chapter, court jurisdiction, legal counsel & phone number. Suspend all collection activity pending final disposition Notify any 3rd party collectors and forward notice to them Notify all parties if pmts are rec'd on the acct  
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What do we need to do if we are notified a patient is deceased?   show
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What does GAAP stand for and define:   show
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What are the generally accepted accounting principles?   show
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show Average Daily Revenue: Total revenue or charges for the period DIVIDED BY number of days in said period = ADR  
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