These two reports are required in a review of the practice's accounts receivable.
A) insurance aging and patient aging
B) outstanding claims and resubmitted claims
C) follow-up claims and outstanding claims
D)patient aging and outstanding claims
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Q. 2) The process of calling insurance companies for all outstanding claims over 30 days old is called __________.
A) aging
B) follow-up
C) resubmitting
D)maintaining
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Q. 3) A claim that has been submitted but for which no payment has been received is called a(n) __________ claim.
A) outstanding
B) denied
C) rejected
D)unprocessed
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Q. 4) A well-managed practice will keep current, or __________, their accounts receivable.
A) maintain
B) write off
C) redistribute
D)deny
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Q. 5) The __________ report(s) should be reviewed monthly.
A) insurance
B) resubmitted claim
C) patient
D)insurance and patient
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Q. 6) A high balance in an office's accounts receivable would have what type of impact on the cash flow for that office?
A) positive
B) negative
C) no effect
D)balancing
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Q. 7) This component of the office is negatively or positively impacted by accounts receivable.
A) cash flow
B) overhead
C) business expense
D)bonuses
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Q. 8) Which of the following is not commonly a part of the monthly accounts receivable maintenance?
A) rebilling
B) claim follow-up
C) reviewing aging reports
D)reviewing overhead expenses
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Q. 9) Which of the following describes the resubmitting of a claim?
A) follow-up
B) rebill
C) age
D)process
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Q. 10) Which of the following is the cost incurred by the practice for supplies, salaries, and rent?
A) overhead
B) accounts receivable
C) cash flow
D)aging report
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