Chapter 21 Professional Fees, Billing and Collections

A statement of transactions during a fiscal period and the resulting balance

The account owed on an account

A record of the charges and payments posted on an account

An entry on an account constituting an addition to a revenue, net worth, or liability account; the balance in a person's favor in an account

An entry on an account constituting an addition to an expense or asset account or a deduction from a revenue, a net worth, or a liability account

Cards that looks like credit cards and by which money may be withdrawn or the cost of purchases paid directly from theholder's bamk account without the payment of interest

Funds paid out

A compilationoraverage ofphysician fees over a given period of time

A compilationof preestablished fee allowances for given services or procedures

An organization under contract to the government as well as some private plansto act asfinancial representatives in handling insurance claims fromproviders of health care; also referred to as fiscal intermediary

A person who makes or gives a guarantee of payment for a bill

To goad orurge forward; to provoke

Able to take care of ordinary living expenses but not abe to afford medical care.

Balances due to a creditor on an account

Also called the write it once system; amethod of tracking patient accounts that allows the figures to be proved accurate through mathematic formulas