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Ch. 10 Vocab
Test Description: A
Instructions: Answer all questions to get your test result.
1) state laws that mandate a time period within which clean claims must be paid; if they are not, financial penalties are levied against the payer
A
Payment Plan
B
Uncollectible Account
C
Prompt Payment Laws
D
Collection Agency
2) an agreement between a patient and a practice in which the patient agrees to make regular monthly payments over a specified period of time
A
Payment Plan
B
Prompt Payment Laws
C
Uncollectible Account
D
Collection Agency
3) An outside firm hired to collect on delinquent accounts
A
Collection Agency
B
Payment Plan
C
Prompt Payment Laws
D
Uncollectible Account
4) an account that does not respond to collection efforts and is written off the practice's expected accounts receivable
A
Collection Agency
B
Prompt Payment Laws
C
Uncollectible Account
D
Payment Plan
5) a tool for tracking activities that need to be completed as part of the collection process
A
Write-Offs
B
Tickler
C
Collection Tracer Report
D
Collection Lists
6) a reminder to follow up on an account
A
WRITE-OFFS
B
COLLECTION LISTS
C
COLLECTION TRACER REPORT
D
TICKLER
7) a tool for keeping track of collection letters that were sent
A
WRITE-OFFS
B
COLLECTION LISTS
C
COLLECTION TRACER REPORT
D
TICKLER
8) a balance that has been removed from a patient's account
A
WRITE-OFFS
B
COLLECTION LISTS
C
COLLECTION TRACER REPORT
D
TICKLER
9) state laws that mandate a time period within which clean claims must be paid; if they are not, financial penalties are levied against the payer
A
PAYMENT PLAN
B
COLLECTION AGENCY
C
UNCOLLECTIBLE ACCOUNT
D
PROMPT PAYMENT LAWS
10) a tool for tracking activities that need to be completed as part of the collection process
A
COLLECTION LISTS
B
COLLECTION TRACER REPORT
C
WRITE-OFFS
D
TICKLER
*select an answer for all questions
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