NAB CORE RCAL-FINANCIAL

• /

NAB CORE RCAL-FINANCIAL

1.Medicare Part B: The part of the Medicare program that pays for

physician ser- vices, outpatient hospital services, durable medical equipment, and other services and supplies.

2.Medicare Part A: The part of the Medicare program that pays for

hospitalization, care in a skilled nursing facility, home health care, and hospice care.

3.Medicare Part D: Prescription drug coverage

4.Anti Kickback Law: Prohibits the solicitation, receiving, offering, or

paying of any remuneration directly or indirectly in cash or in kind in exchange.

5.Medicaid: A federal and state assistance program that pays for

health care services for people who cannot afford them.

6.HIPPA Title I: protects health insurance coverage for workers and

their families when they lose their jobs. Coverage under COBRA for 18 months 7.HIPPA Title II: national standards for electronic healthcare 1 / 2

• /

transactions, national identifiers for providers, confidential record keeping, access to records

8.HIPPA CONT: W/out consent only for providing treatment, obtaining

payment, performing non treatment operational tasks

9.Sarbanes-Oxley Act: Truth in financial reporting which provides SEC

oversight. Financials checked by independent auditors. Monitor and report internal controls. Annual assessment due to SEC. CEO/CFO must sign off on all audits.

10.account balance: the difference between the total debits and the

total credits in an account

11.Accrued interest payable: current liability

12.Amoritazation: the paying off of a debt in regular installments over a

period of time

13.Assets: the cash, inventory, property, plant, and equipment, and

other invest- ments a company has made

14.Balance Sheet: A financial statement that reports assets, liabilities,

and owner's equity at any given point

15.Control Systems: Measurement, evaluation and correction.

spenddown

• / 2