Exam 22: Professional Fees, Billing, and Collecting

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One of the most valuable tools for tracing skips is the Internet.

(True/False)
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The physician is the only person who should sign collection letters.

(True/False)
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The medical assistant cannot sign a collection letter; the physician's name must be the signature at the bottom.

(True/False)
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If a patient tells the medical assistant that a close friend will pay his medical bills if he is unable to do so, the medical assistant must:

(Multiple Choice)
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Patients appreciate discussion of fees before a procedure is performed.

(True/False)
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When working under a managed care plan, physicians agree to:

(Multiple Choice)
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Amy Moore pays $200 on her account, which had a previous balance of $652.What does she owe on the account?

(Short Answer)
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Tammy Watson had surgery 3 weeks ago, and her charge was $7,200, which covers the procedure and 6 weeks of follow-up.What will her charge be for her visit today if the normal limited office visit is $110? She is an established patient.

(Short Answer)
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When accounts are grouped together according to the length of time they have been open or held a balance, the process is called aging the accounts receivable.

(True/False)
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All payments that come to the office after an account has been placed with a collection agency must be accepted and added to the patient's account.

(True/False)
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The guarantor is not always the patient.

(True/False)
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Giving a patient an encounter form is not a billing procedure.

(True/False)
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The slips attached to charts while the patient is in the office that are used for billing are called __________ forms.

(Short Answer)
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The column in the pegboard system used to enter charges is the _____ column.

(Multiple Choice)
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Most medical offices accept which of the following forms of payment?

(Multiple Choice)
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Janeen has a previous balance of $157 for an office visit.She wants to pay her part of the bill, which is 20%.What should her insurance pay?

(Short Answer)
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Funds paid out are called __________.

(Short Answer)
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Legal and appropriate procedures the medical assistant can use to try to locate patients with outstanding balances who move and leave no forwarding address include all of the following except:

(Multiple Choice)
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Patients who are unable to afford medical bills are sometimes said to be medically __________.

(Short Answer)
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Paula Bailey paid $50 on her balance of $450.If insurance pays $122 and Paula makes another $50 payment, what is her balance?

(Short Answer)
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