Certification Review Flashcards
NSF stands for:
No Sufficient Funds
A restrictive endorsement stamp is used to
Stamp on the back of a check to signify “for deposit only”
When reconciling a bank statement
The reconciling should be done every month
If a check has been deposited and is now returned because of insufficient funds, it will be necessary to
Call the bank that returned it and verify availability of funds so the check can then be redeposited
The most common methods of tracking a patients balance is (are)
Computerized financial systems & the pegboard system
The peg board consists of
Day sheets, ledger cards, encounter forms and receipt forms
In cases of divorced parents where one parent has physical custody of the child and is considered the one responsible for payment if the child with a contracted insurance carrier, the parent is called
The guarantor
The number required by the centers for Medicare and Medicaid services (CMS) on claims for clinical diagnosis services is called the
NPI (national provider identifier)
The advanced beneficiary notification form is used primarily for
Medicaid and Medicare patients
A patient encounter form
Is also called a charge slip
In most practices there is a need to have cash available on a daily basis to
Make change for a patient paying cash for services
When a check must be guaranteed for the amount in which it is written, a ____ is issued
Cashiers check
Restricting the use of a check should it be lost or stolen may be done through
Blank endorsement
The ledger is placed under the charge slip or encounter form in a pegboard system and
Aligned before posting
The pegboard system of bookkeeping is sometimes called the
Write it once system
