Funds that are electronically transferred from a payer are directly deposited in the
A) fiscal intermediaries account.
B) physician's bank account.
C) patient's bank account.
D) practice's bank account.

Question

Quizplus · Accepted Answer

Funds that are electronically transferred from a payer, such as insurance reimbursements or payments for medical services, are typically deposited directly into the practice's bank account. This facilitates efficient financial management and accounting for the medical practice.

Funds That Are Electronically Transferred from a Payer Are Directly