Bundle for CRCR

General Ledger Cash Petty cash used as payments for miscellaneous purchases Electronic Funds Transfer (EFT) The transfer of funds from payer to payee through the banking system. It is considered the quickest way to move money because it is possible to transfer funds between banks on the sam...

Important revenue cycle activities in the pre-service stage include; Obtaining or updating patient and guarantor information In the pre-service stage, the cost of the scheduled service is identified and the patient's health plan and benefits are used to calculate; The amount the patient ma...

The 501(r) regulations require not-for-profit providers 501(c) (3) to do which of the following activities? A. Complete a community needs assessment and develop a discount program for patient balances after insurance payment. B. Pursue extraordinary collection activities with all patients eligible...

Identify internal controls for cash handling A. The separation of cash handling procedures whereby the same person who opens and endorses the checks is not responsible for the deposit B. The establishment of internal audits by personnel outside the involved department. C. The routine use of outsi...

The liens types agreement, judicial process, statue The third party payer follow up and account resolution activities include electronic work list after untimely non payments, comparison of actual and expected reimbursement, adjustment posts, submitting secondary claims if necessary ...

The chargemaster is basically a list of services, procedures, room accommodations, supplies, drugs, tests, etc. typically associated with the billing for services rendered to patients. Challenges typically associated with the Charge master include: omission of charges, obsolete or invalid codes, an...

General Ledger Cash Petty cash used as payments for miscellaneous purchases Electronic Funds Transfer (EFT) The transfer of funds from payer to payee through the banking system. It is considered the quickest way to move money because it is possible to transfer funds between banks on the sam...