Write out the abbreviation EOB and give a brief explanation for the phrase.
What will be an ideal response?
Explanation of benefits.
A document provided to the patient by the insurance company that describes how the insurance determined the reimbursement (payment) for the services the patient received.
You might also like to view...
(n) ________ drug is one that can only be used by order of a physician and must be dispensed by a licensed healthcare professional.
Which of the following values are used in Table F14 to denote an audiometer?
A. 0 B. 1 C. 2 D. 3
An acute drop in the PB and PAO2 are the primary reasons for high-altitude illness experienced by un-acclimatized persons.
Answer the following statement true (T) or false (F)
A medical office building built 30 years ago was assigned a useful life of 25 years and a salvage value of $0. The medical practice moved into a new building and sold the land and the old medical office building for $150,000. Appraisers indicated that the land was worth $110,000 and that the building was worth $40,000. How should the building sale be posted on the books?
A. $40,000 to Long-Term Investments B. $40,000 to Miscellaneous Revenue C. $150,000 to Cash D. $8,000 to Miscellaneous Revenue for each of the past 5 years ($40,000 total)