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Your patient gives you a check and you immediately stamp on the back “For deposit only.” What type of endorsement is this?

When a check is returned for non-sufficient funds, what type of adjustment is made to the patient account?

Which of the following is NOT a step in filing a 3rd party claim?

When an account is sent to a collection agency, the account balance should be handled how?

Which of the following is the correct filing rule?

What is the patient’s financial obligation for services rendered?

This type of check is drawn by the bank, payable out of the payees account, signed by an authorized bank rep.  No stop payments are allowed but it is considered as good as cash.

Define the Term: Adjustments

A financial document showing a snapshot of the companies standing at a given time. Formula is Assets = Liabilities + Owner’s Equity.

This type of check is drawn by the bank, payable out of the payees account, signed by an authorized bank rep.  No stop payments are allowed but it is considered as good as cash.