Define operating expenses and give examples of such expenses for a physician's office.
What will be an ideal response?
Operating expenses are the direct costs of running a business. Examples are wages and benefits of employees, purchase of office supplies and disposables, rent, postage, and utility costs.
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If you check for capillary refill and find that it is completely absent, you should:
a. attempt to straighten the injured extremity to restore circulation b. document it and continue normal care procedures c. transport the person to the nearest hospital immediately d. begin massaging the injured extremity to stimulate the blood vessels
Filing controls such as a ____________________ system and periodic audits of the files help to ensure accurate filing
Fill in the blank(s) with correct word
Profit is equal to incoming receipts minus overhead. If a retail pharmacy has a total income of $2 million and overhead of $1,750,000, what is their amount of profit?
A. $150,000 B. $175,000 C. $225,000 D. $250,000
What is the first step in transmitting electronic claims in Medisoft?
A. clicking the Send button to send the claims file B. selecting Claims on the Process menu C. selecting Revenue Management on the Activities menu D. selecting an EDI receiver