| A | B |
|---|
| account | statement of transactions during a fiscal period and the resulting balance |
| account balance | the amount owed on an account |
| accounts receivable ledger | record of the charges and payments posted on an account |
| credit | entry on an account constituting an addition to a revenue, net worth, or liability account; the balance in a person's favor in an accoutn |
| debit | an entry on an account constituting an addition to an expense or asset account or a deduction from a revenue, a net worth or a liability account |
| debit cards | a card that looks like a credit card and by which money may be withdrawn or the cost of purchases paid directly from the holder's bank account without the payment of interest |
| disbursements | funds paid out |
| fee profile | a compilation or average of physician fees over a given period of time |
| fee schedule | a compilation of preestablished fee allowances for given services or procedures |
| fiscal agent | an organization under contract to the government as well as some private plans to act as financial representatives in handling insurance claims from providers of health care; also referred to as fiscal intermediary |
| guarantor | person who makes or gives a guarantee of payment for a bill |
| instigate | to goad or urge forward; to provoke |
| medically indigent | able to take care of ordinary living expenses but not able to afford medical care |
| payables | the balance due to a creditor on an account |
| pegboard system | also called the write-it-once system; a method of tracking patient accounts that allows the figures to be proved accurate through mathematical formulas |
| posting | transferring or carrying from a book of original entry to a ledger; entering figures in an accounting system |
| premium | the consideration paid for a contract of insurance |
| preponderance | a superiority or excess in number of quantity; a majority |
| professional courtesy | reduction or absence of fees to professional associates |
| receipts | amounts paid on patient accounts; proof of payment |
| receivables | total monies received on accounts |
| third party payor | someone other than the patient, spouse, or parent who is repsonsible for paying all or part of the patient's medical costs; often used as a synonym for insurance company |
| transaction | an exchange or transfer of goods, services, or funds |
