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MA1229 Finance Quiz #1

Phase 2
Horizontales
Company that provides info about a pt's credit worthiness (2 wds)
Document with a written description of all credit terms; aka Truth in Lending statement (2 wds)
Original record of services performed for a pt & the fees charged (2 wds)
Type of credit agreement; pt is billed full amt & will pay set amt; can be regulated by Truth in Lending Act if more than 4 pmts are needed; aka bilateral
Type of credit agreement; pt is billed the full amt of the debt every month & pays as much as possible; not regulated by Truth in Lending Act; aka one-sided
Type of account open to charges made as needed (2 wds)
Federal law to prevent creditors from discriminating on the basis of age, sex, race, religion, etc (4 wds)
Extension of time to pay for services based upon trust; allows pt to pay over a period of time
Agreement between Dr. & pt; pt will pay a bill in more than 4 payments; ruled by the Truth in Lending Act (2 wds)
With Accounts; income or money owed to a business for services rendered
Pt account with 1 charge; made by pt who does not come in often; on vacation (2 wds)
Verticales
Act that's a part of the Consumer Credit Protection; it covers credit terms with more than 4 pmts; pt must be given a disclosure statement (3 wds)
State law setting a time limit for filing a lawsuit on past due accts (3 wds)
Federal act/law to prevent harassment, false statements & threats during attempts to collect on a debt (3 wds)
With Accounts; money owed by a business to pay for expenses & supplies
Pts who are given free or reduced-cost treatments (poor, uninsured, elderly, etc)
Method used to write off charges on an acct; often used when an insurance plan pays at a reduced rate
Form used to provide info on services performed, charges, diagnosis info, & payment made; aka Superbill
A person who is financially responsible for payment of a bill
A process of classifying the past due A/R by age; 30, 60, 90, 120 etc (2 wds)
Pt bill sent monthly with itemized services, payments, & balance due on the acct
Billing system to send bills to groups of pts every few days to reduce workload & provide even cash flow (2 wds)