Answer Happy

1. Summarize the importance of and
how to establish good bookkeeping and banking practices.
2. Describe banking procedures
as related to the ambulatory care setting.
3. Describe the common payment
methods accepted in medical practices today.
4. Identify the different types
of documents used as statements to bill patients and how these
documents are used in cycle billing.
5. Identify types of information
contained in the patient's billing record.
6. Compare open-book,
written-contract, and single-entry accounts and the purpose of
creating an accounts receivable aging.
7. Describe types of adjustments made
to patient accounts including collection agency transaction
8. Explain the purposes of the
following credit and collections acts: ECOA, FCRA, FDCPA, and
TLA.
9. Relate the required components of
a Truth in Lending Statement to credit practices in the medical
office.
10. Summarize two common types of
problem collection accounts in the medical office.
11. Identify negotiable instruments
and the items that must be present for a check to be
negotiable.
12. Describe the different types of
check endorsements and the steps in creating a bank deposit.