Identify possible financial obligations

Assignment Help HR Management

Reference no: EM133206077

Question 1. Identify three possible financial obligations a patient might have for services rendered.

Question 2. Identify one precaution for each of the following types of payment you might receive in a medical office.

Cash

Check

Credit card

Debit card

Question 3. In Chapter 15 (Bookkeeping), you read about posting on patient accounts. You also learned there are times when adjustments need to be made to an account. Below are four types of adjustments that can be made to a patient account. "In your own words" describe why each of the following adjustments might need to be made. Please be brief.

Non-sufficient funds

Collection agency transaction

Credit balance

Third party payment

Question 4. A patient is filling out their new patient packet and comes across this sentence.

"financial obligations for services rendered"

1. They come up to the front desk and ask you to explain. How can you explain this sentence in layman's terms so that they understand.

Reference no: EM133206077

Questions Cloud

Common errors in state and local government fica : Read the article, "Common Errors in State and Local Government FICA and Public Retirement System Compliance," and then use the Internet to research additional i

Explain the challenges opportunities and obstacles : Explain the challenges, opportunities, and obstacles, and how would you think we should tackle it.

What is the actual cash value of the tv : Jeff's apartment was broken into and his three-year-old TV was taken. Jeff had paid $900 for the TV, but it will cost $1,200 to replace the unit.

Outline suggested reconciliation methods : You have been asked by the Payroll Manager, Linda Laporte, to create a short job aid to assist the payroll practitioners with reconciling the Revenu Quebec (RQ)

Identify possible financial obligations : Identify three possible financial obligations a patient might have for services rendered and Identify one precaution for each of the following types of payment

Types of products would freedonia export to utopia : What types of products would Freedonia export to Utopia and what types of products would Utopia export to Freedonia? Why? University of California San Diego.

Compute the amount of depreciation expense : On January 1, Art Levinsen Coro. purchased a delivery truck for $60,000. The truck's salvage value is $2,000, and its estimated useful life is 10 years.

Find the npv of the first floor : Suppose you are a consultant for a firm like Yoo, a company building apartments and condominiums worldwide. You are charged with determining how many floors to

How do you consider your chosen area interesting : What would you choose, and why? How do you consider your chosen area interesting? How do you consider it to be important?

User Account

All Pages