Ch. 10 Vocab Question Preview (ID: 22712)


A. TEACHERS: click here for quick copy question ID numbers.

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) Prompt Payment Laws
b) Payment Plan
c) Collection Agency
d) Uncollectible Account

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) Prompt Payment Laws
b) Payment Plan
c) Collection Agency
d) Uncollectible Account

An outside firm hired to collect on delinquent accounts
a) Prompt Payment Laws
b) Payment Plan
c) Collection Agency
d) Uncollectible Account

an account that does not respond to collection efforts and is written off the practice's expected accounts receivable
a) Prompt Payment Laws
b) Payment Plan
c) Collection Agency
d) Uncollectible Account

a tool for tracking activities that need to be completed as part of the collection process
a) Collection Lists
b) Tickler
c) Collection Tracer Report
d) Write-Offs

a reminder to follow up on an account
a) COLLECTION LISTS
b) TICKLER
c) COLLECTION TRACER REPORT
d) WRITE-OFFS

a tool for keeping track of collection letters that were sent
a) COLLECTION LISTS
b) TICKLER
c) COLLECTION TRACER REPORT
d) WRITE-OFFS

a balance that has been removed from a patient's account
a) COLLECTION LISTS
b) TICKLER
c) COLLECTION TRACER REPORT
d) WRITE-OFFS

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) PROMPT PAYMENT LAWS
c) COLLECTION AGENCY
d) UNCOLLECTIBLE ACCOUNT

a tool for tracking activities that need to be completed as part of the collection process
a) COLLECTION TRACER REPORT
b) TICKLER
c) COLLECTION LISTS
d) WRITE-OFFS

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