MHA 104 D Worksheet

the amount of advance payment or overpayment on an account
positive or negative change to a patient’s account balance that does not involve the exchange of money or the addition of a charge for services
billing a patient for the difference between the billed amount and the amount allowed by the insurance carrier
determining how long an account has been past due
the monetary cost for services or supplies that increases the account balance; also called a debit or a fee
an outside company that specializes in collection of payment for unpaid bills
an adjustment that affects a patient’s balance that is not a new charge or payment, for example a reduction of fee by the physician
a single financial record
amount of money a patient owes
the combined record of all patient accounts
a summary of unpaid accounts
a subtraction from the patient’s balance
the book of original entry in accounting
total ending balances of patient ledgers equal total of accounts receivable control
the act of transferring information from one record to another
reduction or absence of fee to professional associates
cash received
a request for payment
system in which approximately 25 percent of patient accounts are billed each week
amount of a charge that is above the maximum allowable fee
bill sent to a patient
a payment
to compare financial activity with financial statements
individual who has a balance due and has moved without leaving a forwarding address
investigate the reason for denial of payment by an insurance carrier