Configure Enterprise Statements for SBO

Question 1

True or False: In SBO, and enterprise statement will always be a guarantor-level statement?

Answer 1

True

Question 2

Which of the following statements best describes Drop Cycle statement processing? Choose only 1 answer
A-Guarantor statement prints immediately after every visit with a self-pay liability
B-Guarantor is eligible for a statement as soon as self-pay liability exists for charges the are part of a closed system batch
C-Guarantor statements will be processed on a regular schedule, regardless of when the guarantor’s liability becomes self pay
D- Drop cycle statement processing is the method by which multiple guarantor’s self pay balances are billed on a a single statement

Answer 2

B-Guarantor is eligible for a statement as soon as self-pay liability exists for charges the are part of a closed system batch

Question 3

True or False: When using SBO, it is optional to use Enterprise Statement Processing

Answer 3

False

Question 4

Answer the following question using the accompanying image:((no image))
Utopia Planitia Fleet Yards is a corporate guarantor that sends its employees to our organization for lab work. When their guarantor account has a self-pay balance due, on which billing cycle will their statement by processed? Choose only 1 answer
A-Cycle 1
B-Cycle 2
C-Cycle 3
D- No billing cycle as it will follow the drop cycle configuration
E- Not enough info to figure it out

Answer 4

B- Cycle 1