MA MOD C wk 2 Terminology

Front

What does "Accounts Payable (AP)" refer to?

Back

Money owed by a company to other companies for services and goods

Front

What is the meaning of "Nonsufficient funds (NSF)"?

Back

When a patient pays with a check without having sufficient funds in the bank to cover the payment

Front

In a medical office, what does a "deposit" refer to?

Back

A sum of money a patient pays upfront when booking an appointment.

Front

What is a "Charge slip" also known as?

Back

Encounter form or superbill

Front

Who is the primary person responsible for a health insurance plan?

Back

Subscriber

Front

What is a third-party payer?

Back

An organization that pays for a patient's healthcare on their behalf.

Front

Money that is expected but has not yet been received is called accounts _________.

Back

receivable

Front

What does a copayment (copay) refer to?

Back

A set dollar amount that the patient must pay for each office visit.

Front

To bring into agreement.

Back

Reconciliation

Front

What is an assignment of benefits?

Back

A legal agreement between the patient and the healthcare provider.