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posting insurance payments ans creating patient statements ch. 8

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capitataion payments
payments made to physicians on a regular basis(such as monthly) for providing services to patients in a managed care
cycle billing
a type of billing in which patients are divided into groups and statement printing and mailing is staggered throughout
electronic remittance advice(ERA)
an electronic device that list patients, dates of service, charges, and the amount paid or denied by the insurance carrier
fee schedule
a document that specifies the amount the provider bills for provided services
once-a-month billing
a type of billing in which statements are mailed to all patients at the same time each month
payment schedule
a document that specifies the amount the payer agrees to pay the provider for a service, based on a contracted rate of reimbursement
remainder statements
statements that list only those charges that are not paid in full after all insurance carrier payments have been received
standard statements
statements that show all charges regardless of whether the insurance has paid on the transactions
patient statement
a list of the amount of money a patient owes, orgnaized by the amount of time the money has been owed, the procedure performed, and the dates the procedures were performed