Dental quiz 4 review
Categorizes the monies patient's and insurance companies owe the facility.
Accounts receivable reports.
Reports accounts owed by 30, 60, 90, and 120 days.
Aging accounts receivable report
A computerized system used to store the following information in a patient's billing record?
Billing statements, insurance claims
Which of the following steps will assist the staff to prepare for the next day patients?
Check for laboratory work results to include in patient chart, prepare the daily schedule, confirm appointments
Payroll reports include:
Employees salary, deductions, and taxes paid
It is ok to charge a patient a higher fee than the "fee allowable" agreed between the facility and insurance contract.
False
Most insurance companies pay 100% of the bill.
False
An electronic bill ledger can?
Generate an insurance claim, post payments, make adjustments
An audit report is necessary to?
Identify omissions or errors to be corrected
Which of the following are steps in managing patient accounts?
Identify patients, document patient treatments, document payments
NSF is an acronym for:
Nonsufficient funds
Identifies what type of procedure was performed and by whom.
Production reports
Adjustments are made to an account for the following reasons?
Professional courtesies, uncollectable fees, disallowed insurance charges
Used to identify overhead (the cost it takes to operate a business)
Profit and loss statements
A computerized bookkeeping syten can be utilized to?
Track treatment, billing patients, formulating accounting reports
A computerized bookkeeping system uses a program to organize, track, and calculate the accounts receivable.
True
A pegboard included NCR (no carbon required).
True
Additionally the bank service charge is billed to the patient as well.
True
Billing is the procedure that notified a responsible party regarding the current status of an account.
True
Entering or transferring treatment information and associated fees into an accounting system accomplishes "posting transactions"
True
Financial records are used to produce legal documents.
True
If a patient pays with a check and the check is returned for NSF, the patient is recharged.
True
In an electronic scheduled, changing the status of the patient to "in the office" alerts other staff the patient has arrived and is checked in.
True
It is important to determine who is financially responsible for the patient's account when processing the patient's insurance.
True
Patient billing should be organized and performed consistently every month.
True
Reports are used to summarize and outline a variety of purposes, can be generated in different formats and according to different criteria.
True
The employee checking in patient's should always ask if the patient's information is the same. I.e. Insurance, address, phone number.
True
The most common manual bookkeeping system used in a dental practice is the pegboard system.
True