Shared Flashcard Set

Details

Mod C Unit 3
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20
Health Care
Not Applicable
05/10/2013

Additional Health Care Flashcards

 


 

Cards

Term
Numerical language of business that describes its activities.
Definition
Accounting
Term
Addition or deduction of a designated amount to a balance owed
Definition
Adjustment
Term
Systematic recording of business transactions, such as money owed and money paid.
Definition
Bookkeeping
Term
Fixed percentage of a medical cost that is paid by the patient.
Definition
Co-insurance
Term
Fixed fee that is paid by the atient at each office visit.
Definition
Co-payment
Term
Person for whom another person is financially responsible.
Definition
Dependent
Term
To sign or place stamp a signature on the back of a check that transfers the rights of ownership of funds to a financial institution.
Definition
Endorse
Term
Amout of money earned that is not taxable.
Definition
Exemption
Term
Amount owed, debt
Definition
Liability
Term
Representing liability; money and funds owed to someone else.
Definition
Payable
Term
Person receiving payment of a debt.
Definition
Payee
Term
Divice used to write the same informatin on several forms at one time.
Definition
Pegboard
Term
State of a checkbook and a bank statement being in balance.
Definition
Reconciled
Term
Predetermined amount of pay for a designated peroid.
Definition
Salary
Term
Document indicating the activity in an account.
Definition
Statement
Term
Encounter form; is a charge form used in the medical practice.
Definition
Superbill
Term
Finacial activity of a business.
Definition
Transaction
Term
Paper showing the date, amount of transactions, what was purchased, and who purchased the item.
Definition
Voucher
Term
Money paid for work done by an emplyee and calculated by multiplying the hourly wage rate times the number of hours worked.
Definition
Wages
Term
Amount of money not able to be collected.
Definition
Write-off
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