Definitions should include
- charges
- payments
- accounts receivable
- accounts payable
- adjustments.
Process/Skill Questions:
- Why would a medical office keep a daily payment log?
- What is the procedure for handling a late payment?
- What is the procedure for filling out a receipt?
- What is the difference between accounts receivable and accounts payable?
- What are the consequences of using inaccurate ICD and CPT codes?