The three basic rules for investing are safety, liquidity, and yield. Define liquidity, yield, and safety.

2. You are the practice manager for a medical partnership. In your review of the quarterly financial statements, you notice that the amount of accounts receivables due from patients continues to increase. Collection policies and procedures are in place and as written, should be effective in managing the revenue cycle. List at least three steps you would take to determine the cause of the increase in accounts receivables.

3. The North Topeka Oncology Center negotiated a new general liability insurance policy with Acme Insurance with an effective date of January 1, 2012. The old policy, with Beta Insurance expired December 31, 2011. Both are claims made policies. Syd Ryerson suffered a slip and fall injury on the centers property on December 14, 2011, but did not file a claim with the center until January 18, 2012. Beta rejected the insurance claim as the claim was filed after the policy had expired. Acme rejected the claim because the accident happened prior to the effective date of coverage. Using the terms tail coverage and prior acts coverage, what insurance options did the oncology center have to avoid this gap in coverage?

4. You are the new assistant supervisor for coding and billing at the Pediatric Care Center. You were promoted from a coder position. You have been asked to provide an explanation of the changes in ICD-10 CM and ICD-PCS. How would you research this topic to find out the most current information?