Chapter 4: Monthly and Cycle Billing Flashcards
How are Account Statements malled to patients?
By computer generated.
Who would typically choose the Billing Module form the Main Menu of the PM system and print all patient accounts with outstanding balances?
The medical assistant.
The billing schedule is often determined by?
The size of the medical practice.
What would be the billing in a smaller practice?
Monthly billing is often the most effective method.
What is Monthly billing?
A system in which all account are billed at the same time each month.
Where does Patient balances can also be posted monthly?
On the patient portal.
In a cycle billing system, all accounts are dividid into?
Alphabetically groups with each group billed at a different time.
When are statements prepared?
On the same schedule each month.
Cycle billing works well for?
Larger practices with numerous bills to process each month.
