Card Set Information
Summer Quarter Terms
Fees, Credit, & Collection Terms
The total amount of money owed for services rendered.
An analysis of acconts receivable indicating 60, 90, and 120 days delinquency.
The amount owed on an account.
The state of being legally unable to pay one's debt; Destitution.
A statement of fees owed for services rendered.
An obilgation of an insurance company or bonding agency to protect an employer against financial loss caused by the acts of omissions of employees.
Fees for professional services rendered.
A transaction or fee slip completed by a physician at the time a patient receives medical treatment.
Charge slip/Transaction slip
A written order to pay a sum of money; the most common form of money exchange other than cash.
Any possession, such as automobile, furniture, stocks. or bonds, etc., that secures the discharge of an obligation.
The proportion of money owed to money collected on accounts receivable.
An entry on an account constituting an addition to a revenue, net worth or liability account; the balance in a persons favor in an account.
Sending itemized statements on the basis of an alphabetical breakdown to portions of the accounts receivable at certain times of the month.
An entry on an account constituting an addition to an expense or asset account or a deduction from a revenue, a net worth, or a liability account.
A message or phrase to remind a person about delinquent payment.
The balance brought forward on a payment ledger card.
Collecting a fee at the time service is rendered.
A list of common procedures with fees.
The practice of sharing a commission, rebate or payment with another professional for a service rendered; unethical but not illegal.
To attach a debtor's property or wages for payment of a debt.
A record posted daily, showing charges, payments, and balances owed.
Able to take care of ordinary living expenses, but cannot afford medical care.
A record of business transaction on the books that are open to charges made from time to time.
A fact sheet or pamphlet detailing policies of the medical office for patients.
Patient information booklet
Cash, checks, credit cards, or money orders received as compensation for professional services rendered.
A discount or discharge of a debt granted to a certain individuals at the discretion of the physician rendering the service.
A written acknowledgement of individual cash payments.
An-all encompassing billing device.