Medical Office Management

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Presentation transcript:

Medical Office Management Chapter 10 Review Medical Office Management

Review Define OSHA? Occupational Safety and Health Administration What is OSHA? Deals with requirements with safe working conditions including disease transmission in health care settings Define CDC? Center for Disease Control and Prevention What is the CDC? They are responsible to collect data pathogens and diseases and establish guidelines to prevent their spread

Review Where would you dispose of all bodily fluids? Biohazardous waste What elements do you need for a fire to start? Heat, fuel, and oxygen This is a record of a checking account sent to the customer? Bank statement This is a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so guarantees at the time the check is written Certified check This is an amount of money placed in a bank account Deposit The payee’s signature on the back of a check? Endorsement An itemized list of cash and checks deposited in a checking account Deposit slip A bank term used to indicate that the writer of the check did not have enough money in the account to cover the written check, a service fee may be charged? Insufficient funds

Review The person to whom the check is written? Payee A check made out with a future date Postdated check Removal of funds from a depositor’s account Withdrawal Where does the physician apply to obtain a federal tax reporting number? IRS What is a W-4 form? Indicates the number of exemptions claims

Review What is a W2? Is a summary of all earnings for the year(annual income) and all deductions withheld for federal, state, and local taxes When should you receive your W2? By January 31st of each year What is net pay? Pay after deductions The Federal Fair Act regulates? That employees must be paid overtime at a rate of 1 ½ times the regular rate and minimum wage

Review This time will be based upon the date of hire, and percentage of time accrued each pay period? Paid time off(PTO) Employers will usually paid two weeks of this after 1 year- full time employment and will increase with longevity Vacation pay Employers will usually pay cover your hourly salary for this 3 to 5 days per year Sick time