Question 11: Payments to the healthcare facility come as reimbursement from the insurance company only. Adjustments are made to a patient's account when it is necessary to add or s... Question 11: Payments to the healthcare facility come as reimbursement from the insurance company only. Adjustments are made to a patient's account when it is necessary to add or subtract a patient payment from the balance. Select one: a. Both statements are true. b. Both statements are false. c. The first statement is true; the second is false. d. The first statement is false; the second is true. Question 12: Walden-Martin Family Medical Clinic charged a patient $150 for services. The allowed amount stated on the EOB is $100. How would this be posted to the patient's account? Select one: a. $100 payment. b. $150 payment. c. $100 payment and a $50 adjustment. d. $50 payment and a $100 payment. Question 13: When an account is opened at a bank, the depositor will be required to complete a(n) _____ card. Select one: a. debit b. endorsement c. signature d. None are correct
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Understand the Problem
The user has provided an image containing three questions. The questions cover topics related to healthcare billing, patient account adjustments, and banking procedures. We will extract each question and categorize them accordingly.
Answer
Question 11: d Question 12: c Question 13: c
Question 11: d. The first statement is false; the second is true. Question 12: c. $100 payment and a $50 adjustment. Question 13: c. signature
Answer for screen readers
Question 11: d. The first statement is false; the second is true. Question 12: c. $100 payment and a $50 adjustment. Question 13: c. signature
More Information
Here's the explanation for each question:
Question 11: The first statement is false because healthcare facilities receive payments from various sources, not only insurance companies. Patients also make payments. The second statement is true because adjustments are indeed made to patient accounts to add or subtract payments.
Question 12: The clinic would post a $100 payment (the allowed amount) and a $50 adjustment (the difference between the charged amount and the allowed amount). This is because the healthcare provider can't bill the patient for the amount exceeding the allowed amount by the insurance company, according to the contract they have agreed to.
Question 13: When opening a bank account, a depositor must complete a signature card for verification purposes.
Tips
Double-check if both parts of combined true/false questions are correct before choosing 'both true' or 'both false'.
Sources
- Solved Payments to the healthcare facility come as | Chegg.com - chegg.com
- Accounts Collections and Banking: Key Concepts for Healthcare - coursehero.com
- CHAPTER 16 QUESTIONS 1. 2. 3.... - Course Hero - coursehero.com
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