When Preparing the First Statements Sent to Patients to Bill

question 77

Multiple Choice

When preparing the first statements sent to patients to bill for medical services, the charges should be itemized:

• A)if they were not explained to the patient before he or she received the services
• B)on all first statements sent out
• C)for bills that will also be submitted to an insurance carrier
• D)if many patients call with billing questions

---

Definitions:

Surplus

A scenario where the supply of goods surpasses what is being demanded at the present price level.

Chocolate-Covered Peanuts

Chocolate-covered peanuts are a confectionery or snack consisting of peanuts coated in a layer of chocolate, combining sweet and salty flavors.

Price Per Bag

The cost associated with purchasing a single bag of a product, often used in the context of groceries or bulk items.

Demand and Supply of Wheat

The relationship between how much wheat consumers are willing to buy at certain prices and how much wheat producers are willing to sell at those prices.