Answer the following statement(s) true (T) or false (F)
1. Invoices may not be generated by computer for each patient account with a balance due. You must type invoices.
2. A statute of limitations is a federal law that sets limits on punishments for patients with past due accounts.
3. A credit check includes verifying employment and requesting a credit bureau report for the patient seeking credit.
4. When extending credit, a physician may make a bilateral decision to bill the patient every month for the full amount owed and the patient will make whatever payment possible for the month.
5. Free treatment for hardship cases is required by the Truth in Lending Act.
1. False
2. False
3. True
4. False
5. False
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Indicate whether the statement is true or false
A successful patient accounts department requires all of the following EXCEPT:
A. adequate staffing. B. trained employees. C. timely processing of claims. D. aggressive claims specialists.