In a properly managed medical office, the verification and matching of all posted charges and payments to that day's encounter forms and receipts should be performed how often?
The correct answer is: Daily. End-of-day (daily) reconciliation ensures that every charge, payment, and adjustment entered during the workday matches the corresponding encounter forms and deposit records. Performing this task daily allows discrepancies to be caught and corrected immediately, supports accurate accounts-receivable totals, and helps prevent cash-flow or fraud problems. Waiting until the end of the week or month allows errors to accumulate and makes them harder to trace.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
Why is daily reconciliation important in a medical office?
Open an interactive chat with Bash
What consequences might a medical office face if they don't reconcile daily?
Open an interactive chat with Bash
What is the process of end-of-day reconciliation in a medical office?
Open an interactive chat with Bash
AAMA CMA
Administrative
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Nursing and Medical Assistants Package Join Premium for Full Access