Question 1

What is a payer's payment schedule based on?

Accepted Answer

A)  a rate established in a contract with the provider 
B)  the provider's list of standard fees 
C)  the amount the provider bills the payer 
D)  All of these are correct. 
A)  a rate established in a contract with the provider 
B)  the provider's list of standard fees 
C)  the amount the provider bills the payer 
D)  All of these are correct.

Question 2

How would you only print statements that have a Ready to Send status?

Accepted Answer

A)  complete the Statement Number Range field. 
B)  enter a zero in the Batch Number Match field. 
C)  complete the In Collections Match field. 
D)  All of these are correct. 
A)  complete the Statement Number Range field. 
B)  enter a zero in the Batch Number Match field. 
C)  complete the In Collections Match field. 
D)  All of these are correct.

Question 3

Either Standard or ____________ must be entered in the Type column in the Statement Management dialog box.

Accepted Answer

A)  Electronic 
B)  Insurance Only 
C)  Patient Only 
D)  Remainder 
A)  Electronic 
B)  Insurance Only 
C)  Patient Only 
D)  Remainder

Question 4

What happens when the Detail button is clicked in the Deposit List dialog box?

Accepted Answer

A)  The Deposit Detail dialog box opens with more information about the selected deposit. 
B)  The payments are sorted by the selected data fields. 
C)  All the payments are displayed, regardless of the date entered. 
D)  All of these are correct. 
A)  The Deposit Detail dialog box opens with more information about the selected deposit. 
B)  The payments are sorted by the selected data fields. 
C)  All the payments are displayed, regardless of the date entered. 
D)  All of these are correct.

Question 5

What will be displayed in the Payment column of the Deposit List window when a zero amount deposit is saved?

Accepted Answer

A)  The amount of the payment 
B)  "EOB Only" 
C)  "Capitation" 
D)  "Insurance" 
A)  The amount of the payment 
B)  "EOB Only" 
C)  "Capitation" 
D)  "Insurance"

Question 6

Information about all ____________ charges for a patient is contained in the Apply Payment to Charges dialog box.

Accepted Answer

A)  fully paid 
B)  covered 
C)  completed 
D)  unpaid 
A)  fully paid 
B)  covered 
C)  completed 
D)  unpaid

Question 7

In the Apply Payment/Adjustments to Charges dialog box, $160.00 is entered in the Charge field and $28.00 is entered in the Adjustment field. What amount must be displayed in the Allowed field?

Accepted Answer

A)  $28.00 
B)  $132.00 
C)  $160.00 
D)  $188.00 
A)  $28.00 
B)  $132.00 
C)  $160.00 
D)  $188.00

Question 8

How often is the Medicare Physician Fee Schedule (MPFS) updated?

Accepted Answer

A)  monthly 
B)  quarterly 
C)  annually 
D)  every five years 
A)  monthly 
B)  quarterly 
C)  annually 
D)  every five years

Question 9

What type of statement would a practice use to look at a full, comprehensive list of transactions?

Accepted Answer

A)  patient statements 
B)  remainder statements 
C)  standard statements 
D)  billing statements 
A)  patient statements 
B)  remainder statements 
C)  standard statements 
D)  billing statements

Question 10

What field in the General tab of the Statement dialog box shows how many times a statement has been sent or printed?

Accepted Answer

A)  Batch 
B)  Submission Count 
C)  Status 
D)  Type 
A)  Batch 
B)  Submission Count 
C)  Status 
D)  Type

Question 11

What does the Initial Billing Date in the General tab of the Statement dialog box indicate?

Accepted Answer

A)  the date the insurance claim was sent to the payer 
B)  the date the patient visited the practice 
C)  the date the statement was first created 
D)  the date the payment was received from the insurance carrier 
A)  the date the insurance claim was sent to the payer 
B)  the date the patient visited the practice 
C)  the date the statement was first created 
D)  the date the payment was received from the insurance carrier

Question 12

The choices cash, credit card, check, and ____________ are all included in the Payment Method field in the Deposit dialog box.

Accepted Answer

A)  electronic 
B)  bill later 
C)  pro bono 
D)  mail 
A)  electronic 
B)  bill later 
C)  pro bono 
D)  mail

Question 13

The Enter Deposits/Payments option on the ____________ is used to enter payment information located on the remittance advice.

Accepted Answer

A)  Lists menu 
B)  Activities menu 
C)  Reports menu 
D)  File menu 
A)  Lists menu 
B)  Activities menu 
C)  Reports menu 
D)  File menu

Question 14

You are working at a practice that has a very busy daily schedule and needs to standardize the times when statements are handled and payments are due. What type of billing should the practice use?

Accepted Answer

A)  roster billing 
B)  guarantor billing 
C)  cycle billing 
D)  once-a-month billing 
A)  roster billing 
B)  guarantor billing 
C)  cycle billing 
D)  once-a-month billing

Question 15

Which of the following is a likely result if a payer either missed additional procedures or grouped them with the primary procedure?

Accepted Answer

A)  Multiple procedures were not paid. 
B)  Reimbursement is made at a reduced rate. 
C)  Reimbursement is denied. 
D)  Payment is not received. 
A)  Multiple procedures were not paid. 
B)  Reimbursement is made at a reduced rate. 
C)  Reimbursement is denied. 
D)  Payment is not received.

Question 16

Which of the following statuses can be applied to a patient statement in Medisoft?

Accepted Answer

A)  Ready to Send 
B)  Done 
C)  Sent 
D)  All of these are correct. 
A)  Ready to Send 
B)  Done 
C)  Sent 
D)  All of these are correct.

Question 17

What should be selected in the Payor Type field in the Deposit dialog box when entering capitation payments?

Accepted Answer

A)  capitation 
B)  insurance 
C)  the name of the insurance carrier 
D)  the name of the provider 
A)  capitation 
B)  insurance 
C)  the name of the insurance carrier 
D)  the name of the provider

Question 18

Where is the insurance carrier that is making the payment selected in the Deposit dialog box?

Accepted Answer

A)  the Payment Method box 
B)  the Description/Bank No. box 
C)  the Deposit Code box 
D)  the Insurance box 
A)  the Payment Method box 
B)  the Description/Bank No. box 
C)  the Deposit Code box 
D)  the Insurance box

Question 19

In this type of billing system, patient statements are created and sent on a staggered basis rather than all at once.

Accepted Answer

A)  once-a-month 
B)  flexible 
C)  cycle 
D)  staggered 
A)  once-a-month 
B)  flexible 
C)  cycle 
D)  staggered

What is a payer's payment schedule based on?

How would you only print statements that have a Ready to Send status?

Either Standard or ____________ must be entered in the Type column in the Statement Management dialog box.

What happens when the Detail button is clicked in the Deposit List dialog box?

What will be displayed in the Payment column of the Deposit List window when a zero amount deposit is saved?

Information about all ____________ charges for a patient is contained in the Apply Payment to Charges dialog box.

In the Apply Payment/Adjustments to Charges dialog box, $160.00 is entered in the Charge field and $28.00 is entered in the Adjustment field. What amount must be displayed in the Allowed field?

How often is the Medicare Physician Fee Schedule (MPFS) updated?

What type of statement would a practice use to look at a full, comprehensive list of transactions?

What field in the General tab of the Statement dialog box shows how many times a statement has been sent or printed?

What does the Initial Billing Date in the General tab of the Statement dialog box indicate?

The choices cash, credit card, check, and ____________ are all included in the Payment Method field in the Deposit dialog box.

The Enter Deposits/Payments option on the ____________ is used to enter payment information located on the remittance advice.

You are working at a practice that has a very busy daily schedule and needs to standardize the times when statements are handled and payments are due. What type of billing should the practice use?

Which of the following is a likely result if a payer either missed additional procedures or grouped them with the primary procedure?

Which of the following statuses can be applied to a patient statement in Medisoft?

What should be selected in the Payor Type field in the Deposit dialog box when entering capitation payments?

Where is the insurance carrier that is making the payment selected in the Deposit dialog box?

In this type of billing system, patient statements are created and sent on a staggered basis rather than all at once.

Introduction to Health Information Technology and Medical Billing

Introduction to Medisoft

Entering Patient Information

Working With Cases

Entering Charge Transactions and Patient Payments

Creating Claims

Creating Reports

Collections in the Medical Office

Filters

Exam 7: Posting Payments and Creating Patient Statements

What is a payer's payment schedule based on?

How would you only print statements that have a Ready to Send status?

Either Standard or ____________ must be entered in the Type column in the Statement Management dialog box.

What happens when the Detail button is clicked in the Deposit List dialog box?

What will be displayed in the Payment column of the Deposit List window when a zero amount deposit is saved?

Information about all ____________ charges for a patient is contained in the Apply Payment to Charges dialog box.

In the Apply Payment/Adjustments to Charges dialog box, $160.00 is entered in the Charge field and $28.00 is entered in the Adjustment field. What amount must be displayed in the Allowed field?

How often is the Medicare Physician Fee Schedule (MPFS) updated?

What type of statement would a practice use to look at a full, comprehensive list of transactions?

What field in the General tab of the Statement dialog box shows how many times a statement has been sent or printed?

What does the Initial Billing Date in the General tab of the Statement dialog box indicate?

The choices cash, credit card, check, and ____________ are all included in the Payment Method field in the Deposit dialog box.

The Enter Deposits/Payments option on the ____________ is used to enter payment information located on the remittance advice.

You are working at a practice that has a very busy daily schedule and needs to standardize the times when statements are handled and payments are due. What type of billing should the practice use?

Which of the following is a likely result if a payer either missed additional procedures or grouped them with the primary procedure?

Which of the following statuses can be applied to a patient statement in Medisoft?

What should be selected in the Payor Type field in the Deposit dialog box when entering capitation payments?

Where is the insurance carrier that is making the payment selected in the Deposit dialog box?

In this type of billing system, patient statements are created and sent on a staggered basis rather than all at once.

Introduction to Health Information Technology and Medical Billing

Introduction to Medisoft

Entering Patient Information

Working With Cases

Entering Charge Transactions and Patient Payments

Creating Claims

Creating Reports

Collections in the Medical Office

Filters