Question

1.Explain patient financial obligations for services rendered?

2. Describe banking procedures as related to the ambulatory care setting?

3. Identify precautions for accepting the following types of payment

a) cash

b) check

c) credit card

d) debit card

Answer 1

1: In every medical services rendered by a hospital, it is a financial obligation of each patient to pay after each service for professional fee, medical equipment, facilities, supplies and any medical services incurred during the encounter.

2: Banking procedures in the ambulatory care setting . *Health care facilities use bank accounts to deposit & to pay their operational expenses by check or credit card . * Making deposits daily. * Preparing the deposit- you need to record how much of it is cash & how much of it is in check from. * The check number needs to be recorded with how much it is worth. *Check endorsement- it is a signature plus any other writing on the back of a check . *It can be done in pen or by rubber stamp. 3: Precautions for accepting the following types of payments. Cash: make sure the money is not counterfeit, establish a checks and balance system in which the employee accepting the cash must document on a register, the change cannot be made to any large bills. check: when you receive a check verify that it was written for the right amount, the check must include personal and banking information, the following details should be correctly written: 1) complete name of the payer .2) current date 3)Bank I'd numbers including account 4) payee name 5)dollar amount 6) signature. Credit card & debit card: make sure the person presenting the card is the person to whom the card was issued