AAHAM CRCS STACK 9
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What does ADRR stand for and explain. | show 🗑
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Define Charity Care | show 🗑
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Define Indigent | show 🗑
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Define Bad Debt | show 🗑
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What should a written collection policy include besides minimun acceptable payments and the follow up policy, including title/role of f/u rep? | show 🗑
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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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Involuntary Bankruptcy | show 🗑
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show | For farmers, "only a family farmer with regular annual income may file"
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show | Prohibits creditors from collecting for 3 years, allowing the person to pay in full or installments for that period of time.
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What steps do we take if we are notified of a patient with a bankruptcy and the hospital debt IS included on the petition? | show 🗑
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show | Check if a legitimate estate exist and file appropriate caveat to the estate
Check the register of wills for an estate
change the mailing address to "The Estate of_________"
If no estate or responsible party, write off self pay after ins pays
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What does GAAP stand for and define: | show 🗑
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show | endorse checks immed w/ FOR DEPOSIT ONLY
Issue receipts for all cash pmts
Separate cash per cashier
Store deposits in a fireproof safe
keep a dupe number rcpt log
have a designated locked cash drawer
keep a pmt log
segregate duties
don't share pw
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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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