Medical Office Accounting

Card Set Information

Author:
BrowneeE
ID:
91221
Filename:
Medical Office Accounting
Updated:
2011-06-19 07:03:38
Tags:
Accounting
Folders:

Description:
Medical Office Accounting-Quiz Review!!!
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  1. C.) Formula for "Courtesey Adj": is "A (-) B"...
    The "Courtesey Adj" is always the acutual charge (-) the "Medicare Allowed"
  2. D.) Formula for "Remaining Deductible"...
    • With the "Remaining Ded": the...
    • 1st Visit: is always $162.
    • 2nd Visit is always $0.
  3. E.) Formula 4 "Cost 2 Share": "B (-) D"...
    "Cost 2 Share" is the "Medicare Allowed" (-) the "Remaining Deductible"
  4. F.) Formula 4 " Pt. Co/Ins" "20% of E"...
    "Pt. Co/Ins": is 20% of the "Cost 2 Share"
  5. G.) Formula 4 "Total Pt. REsponsibility is "D (+) F"...
    "Total Pt. Responsibility": is the "Remaining Ded" (+) the "Pt's Co/Ins. "
  6. H.) Formula 4 "Medicare's Payment" is "80% of E" or "E (-) G"...
    "Medicares Payment": is the "Cost 2 Share" (-) the "Pt's Co/Ins"

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