CRCR Glossary Terms with Elaborated Answers

AAR - Answer-After-hours activity report ABN - Answer-Advance Beneficiary Notice ACC - Answer-Ambulatory care center Access - Answer-Ability to receive hospital; physician or other medical services without regard to an individual's ability to pay Accounts receivable (A/R) - Answer-Money owed to an organization for goods or services furnished Accounts receivable (A/R) collection period - Answer-Number of days in the accounting period divided by accounts receivable turnover. This ratio tells you the average time it takes to collect amounts due. Accounts receivable (A/R) turnover - Answer-Services rendered on credit during the period divided by the A/R balance. This ratio tells you how many times you collect your AR in a given cycle. Accreditation - Answer-Formal process by which an agency or organization evaluates and recognizes a program as meeting certain predetermined criteria or standards. A formal process for certifying that providers and health plans meet predetermined standards. Accredited Standards Committee X12 (ASC X12) - Answer-Group of industry members that creates electronic data interchange standards for submission to the American National Standards Institute for subsequent approval and dissemination. ACS - Answer-Ambulatory care services Acute care - Answer-Hospital care given to patients who generally require a stay up to seven days and that focuses on a physical or mental condition requiring immediate intervention and constant medical attention; equipment; and personnel AD - Answer-Admitting diagnosis ADC - Answer-Average daily census Administrative services only (ASO) - Answer-Contract between an insurance company or claims administrator and a self-funded plan where the insurance company/claims