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Author Question: To accurately post payments, the medical office specialist must be familiar with insurance carriers' ... (Read 83 times)

DelorasTo

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on: Jun 27, 2018
To accurately post payments, the medical office specialist must be familiar with insurance carriers' and other payers':
 
  financial health and industry rating.
 
  contracts, procedures, and Explanation of Benefits (EOB) formats.
 
  address, phone number, and e-mail address.
 
  managers, administrators, and local representatives.

Question 2

In accounts receivable terminology, posting refers to:
 
  subtracting payments made on an account.
 
  making an adjustment on an account.
 
  entering a financial transaction into a computer system.
 
  making sure all accounts balance at the end of the day.


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asware1

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Reply #1 on: Jun 27, 2018
Answer to Question 1

Answer: contracts, procedures, and Explanation of Benefits (EOB) formats.

Answer to Question 2

Answer: entering a financial transaction into a computer system.


DelorasTo

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Reply 2 on: Jun 27, 2018
YES! Correct, THANKS for helping me on my review

jomama

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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