Asked by Alexis Bowman on Apr 28, 2024
Verified
A way to identify accounts according to the length of time they have been delinquent
A) patient account statements
B) outsourcing
C) monthly billing
D) cycle billing
E) practice management (PM) software system
F) electronic medical record (EMR) system
G) account history
H) alpha search
I) patient payments
J) aging of accounts
Aging of Accounts
The process of categorizing accounts receivable by the length of time they have been outstanding.
Delinquent
An individual or entity that fails to fulfill an obligation, particularly in terms of financial debt payments, within the stipulated time.
- Comprehend the application of software in practice management to enhance account searching efficiency.
- Understand the applications and integrations of practice management software with other systems for managing accounts.
Verified Answer
DC
Destinee ClarkMay 04, 2024
Final Answer :
J
Explanation :
Aging of accounts is the process used to categorize accounts based on the duration of their delinquency, helping businesses manage their receivables more effectively by identifying overdue payments.
Learning Objectives
- Comprehend the application of software in practice management to enhance account searching efficiency.
- Understand the applications and integrations of practice management software with other systems for managing accounts.