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Clearinghouses Charge Providers Based on Which Type of

question 24

Short Answer

Clearinghouses charge providers based on which type of
payment system?
A)A percentage of each claim's dollar value
B)A flat fee per claim
C)Per diem
D)Per membership per month


Definitions:

Discount on Bonds Payable

The discrepancy between what a bond is actually worth and the lower price it is sold for.

Bonds Payable

A long-term debt instrument issued by corporations or governments, indicating the amount owed to bondholders, including the terms of interest payments and the maturity date.

Discount on Bonds Payable

The difference between the face value of bonds and their selling price, when the bonds are sold for less than their face value.

Bonds Payable

A financial liability indicating the amount a corporation or government is obliged to pay back to bondholders either upon maturity or over a defined period of time.

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