Match Each Term with Its Definition

question 8

Multiple Choice

Match each term with its definition.
-Information on this form is collected to ensure credit for full payment, to ensure the patient receives any refunds due, to service public inquiries, and to comply with the Debt Collection Improvement Act of 1996

• A)bartered goods
• B)claim form
• C)third-party reimbursers
• D)CMS-1500
• E)CMS-1450
• F)Explanation of Benefits (EOB) form
• G)Standard Electronic Data Interchange (EDI) Enrollment form
• H)Remittance Advice form
• I)manual insurance log
• J)signature on file
• K)assignment of benefits clause
• L)Electronic Data Interchange (EDI) transactions
• M)Administrative Simplification Compliance Act (ASCA)
• N)clearinghouse
• O)Electronic Claims Tracking (ECT) systems
• P)credit balance
• Q)secondary insurance

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Definitions:

Cash Flows

The grand total of financial transactions affecting a company's inflow and outflow, significantly impacting its liquid capital.

Investment

The action or process of investing money for profit or material result.

Internal Rate of Return

The discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero, used in capital budgeting.

Independent Projects

Projects in a company that can be selected or rejected independently of one another, without affecting the profitability or potential of other projects.