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There are various types of posting exercises within this job skill. Post all transactions on the following ledger cards using the current date or date

There are various types of posting exercises within this job skill. Post all transactions on the following ledger cards using the current date or date referred to. Enter appropriate references and descriptions to post all transactions, then calculate a running balance. Note: Typically, when using a ledger card all transactions that occur on the same day are posted on one line. However, in this exercise (and when using a computerized system), each transaction is posted separately, line-by-line, to simplify the learning process and make sure that the addition of charges, subtraction of payments and adjustments, and the running balance is calculated correctly.

1. Star Collins, a private pay new patient, saw Dr. Practon for a Level V office visit. Locate the correct CPT code and corresponding charge in the fee schedule (Evaluation and Management section). Post the charge in the correct column with proper reference and description and indicate the running balance.

2. Star returned 1 week later for a follow-up office visit (Level II). Make the correct notations, post the charge, and calculate a running balance.

tar Collins

DATEREFERENCEDESCRIPTIONCHARGESCREDITSBALANCE
PymntsAdj
  BALANCE FORWARD  
5-25-202199205NP OV level 513228    13228
5-28-202199212OV, Level 22050    15278
           
           

1. Helen Rice was seen as a new patient on 1/16/XX and came in for two follow-up office visits. She was billed three times and the patient has not responded so today you send the account to the Collect 4U Agency. Enter the proper reference and description on the ledger, then adjust the entire balance (subtract it from the running balance), circle it, and post a zero balance.

2. . One month later the patient pays the collection agency $150 and the agency sends check No. 9876543 to the office. Post the agency check on the patient's ledger, reverse the adjustment by $150, and indicate, “account closed” in the balance column.

Helen Rice

DATEREFERENCEDESCRIPTIONCHARGESCREDITSBALANCE
PymntsAdj
  BALANCE FORWARD  
1/16/XX99205NP OV level V13228    13228
1/23/XX99214Est Pt OV level 46151    19379
1/30/XX99213Ext Pt OV level 34020    23399
2/1/XXBilled ptPlease pay balance due      23399
3/1/XXBilled ptAccount is overdue— please pay balance      23399
4/1/XXBilled ptFinal notice. If payment is not received in 5 days, your account will be sent to a collection agency      23399
           
          

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