Term
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Definition
| a detailed summary of all transactions of a pt account; dates of service, detailed charges, payment(copayment & deductibles), date the insurance claim was submitted, adjustments, and account balance |
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Term
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Definition
| a debtor who has moved and neglected to give a forwarding address (e.g. skipped town) |
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Term
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Definition
| repayment; the term used when insurance payment is pending |
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Term
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Definition
| in a medical practice the amount of actual cash generated and available for use by the medical practice within a given period of time |
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Term
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Definition
| a condition under which a person or corporation is declared unable to pay debts |
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Term
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Definition
| assets or debts that have been determined to be uncollectable and are therefore adjusted off the accounting books as a loss |
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Term
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Definition
| the relationship btw the amt of money owed and the amt of money collected in reference to the doctor's accounts receivable |
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Term
| insurance balance billing |
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Definition
| a statement sent to the pt after his or her insurance company has paid its portion of the claim |
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Term
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Definition
| the total amount of money owed for professional services rendered |
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Term
| financial accounting record |
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Definition
| an individual record indicating charges, payments, adjustments, and balances owed for services rendered |
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