The Process of Reviewing EOBs, Posting Payments, and Determining If

question 18

Short Answer

The process of reviewing EOBs, posting payments, and determining if the payment amount is correct is called ____________________.

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Definitions:

Lessor

The owner of a property or asset who leases it out to another party, known as the lessee, under a rental agreement.

Involuntary Bailment

A situation where an individual unintentionally comes into possession of someone else's property and has a legal duty to take care of it.

Bailor

The owner giving up possession of property in a bailment.

Bailee

The person acquiring possession of personal property in a bailment.