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Billing And Collections Unit Exam With Questions And Accurate Answers
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Billing And Collections Unit Exam With Questions And Accurate Answers What purpose does the Truth in Lending Act serve? - Answer It req uires physicians to disclose interest charges if any are charged. Which of the following is the best option for dealing with long-term delinquent accounts? - Answer Send the account to a third-party collection agency. Why might an office divide patient billing into several cycles per month? - Answer To stabilize the assistant's workload Which of the following definitions best describes the term "guar antor"? - Answer A person responsible for paying a patient's bill What is a fee schedule? - Answer A list of specified fees a physician c harges for services Who can a medical office assistant speak to about a patient's unpaid bill? - Answer The patient and the patient's guarantor Which of the following attitudes is most acceptable for an assista nt to have when discussing finances with a patient? - Answer Respectful and unde rstanding When should a patient be given an estimate of how much the fee for service might be? - Answer When the appointment is set What does it mean to extend credit to a patient? - Answer The patient can pay for service in installments. Why does the office assistant need a copy of the fee schedule when discussing patient invoices? - Answer It lists the charges for each service In the medical office, who is responsible for helping patients unde rstand their invoice? - Answer The medical office assistant When should a receipt be issued to a patient? - Answer Every t ime the patient makes a payment in the office Which of the following is another term for "superbill"? - Answer Enc ounter form Which of the following best describes a superbill? - Answer A patie nt invoice listing services performed in one visit Patients will receive a monthly bill from the medical practice even after the account has been turned over to a third-party collection agency. - Answer F alseThe benefits of buying summaries with Stuvia:
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