Question

Questions: How many copies of the W-2 forms must be handed to each employee? What is professional courtesy? What is the job of a financial agent? What are the advantages of online banking? Why are numbered receipts necessary? What is patient ledger? List the the usual collection techniques What should you do if the patient contact the office after the account has been turned over for collection? What is the ideal method of collection? What is listed on the Explanation of Benefits (EOB) form? What is the purpose of statements from the bank? What do the day sheets need to be reconciled at the end of the day? Are minors responsible to pay their bills? List the fees that are withheld from the payment to the employee What agency might audit Business expenses? What can go wrong by having large amounts of cash in an office? What are the advantages of payments made by check? What is the last resort for collecting debts? This Act provides a guide for determining the fair collections practices for creditors What are most adjustments that are subtracted from the account balance? With the Managed care contracts, when should MA the copayments? When do we endorse a check? What is the number one reason for rejected Medicare claims?

Answer 1

1. It is a statement that have prepared the employees total gross earning , security Medicare, social earning,and federal and state taxes.

Each employees mush have three copies of w2 form for eachyear.

2. Professional courtesy is referred salt philosophy of professional behaviour or equal which is in between to members of the same profession

In medical field

Professional courtesy refers no charge to anyone , patient or insurance for medical care and no special expectation in medical field.

3.financial agent is responsible for selling a unique financial services like banking services, retirement income, life insurance , and investment.

4.transfer money

Paying their own bills

Checking account transaction

Making payment at home

Available at 24/7 DAYS.

5.for document acknowledging

To collect sales tax

It contains details of transaction

6.It is anotherw8se called as patientaccount record in a computerized system

It is a permanent record of all financial transaction between the caregivers and the patients .

7. It is a process of pursuing payments of debts owned by individual of business

8.the collection agency that purchased the debt may report the account to experian and receive a debt collection letter .

9.invoice quickly

Send clear and easy to understand invoices

Simplify the payment process

Maintain the good interpersonal relationship

Send payment remainders

Follow up the customers

Understand your jobs

Take own time

Be cool

Avoid conflict.

10.It was send by health insurance company to cover theindicidulas to explain what medical services paid.it commonly linked to check or statement of electronic payment

11. It is a summarize of transaction activity. It is writtenform of the perspective of the bank.

12.at the end of the day the processing receipts and payments must reconciled the responsibility onto the person who did the processing or banking.rrecoding the two set of records to ensure the figures are correct or not.

13.there are not responsible for their bills until they grow as adults.

14.direct deposit and non negotiate check from the employees

15.internal revenue service agency audit the businessexpenses.

16.It may wrong with sterling or wrong calculation

17.secure money transaction

Traceable while their rather than other payment method.

18.the agency to collect the outstanding money from your costumer

Sending a remainder call letter

Make a phone call

Take legal action

Take a costumer to court or hiring collecting agency

19.the fair debt collection practices act

20.unearned revenue

Accrued expenses

Prepaid expenses

Accrued revenue

21.when you receive a check from someone you must endorse it before cashing it or depositing it. This is done by signing your name on the back of the left end of the check.

22.the patient are restricted to getting care from the doctor

Limited network for providing Medicare plans

Hard to find some clients...