NAB CORE RCAL-FINANCIAL
NAB CORE RCAL-FINANCIAL [2026]
Study online at https://quizlet.com/_brw1wv
1. Medicare Part B The part of the Medicare program that pays for physician services, 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 di-
rectly 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 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 Truth in financial reporting which provides SEC oversight. Financials checked by
Act 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 current liability
payable
12. Amoritazation the paying off of a debt in regular installments over a period of time
13. Assets
1
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, NAB CORE RCAL-FINANCIAL
NAB CORE RCAL-FINANCIAL [2026]
Study online at https://quizlet.com/_brw1wv
the cash, inventory, property, plant, and equipment, and other investments 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
16. Cost Creep Increasing of costs (usually labor) as a result of increased resident acuity without
any increase in revenue as an offset.
17. Assets Can be liquidated quickly
18. Current Ratio current assets - current liabilities
The wider the margin, the sounder your company
19. Equities Financial rights to the assets of a business (the bank or the investors)
20. FICA SS TAX
21. Fiscal/Calendar A term that is used to differentiate a budget or financial year from the calendar
year year.
22. fixed Stay the same
costs/charges
23. Income State- Revenues - Expenses = Net Income
ment
24. Liabilities Debts
25. Net Worth total assets minus total liabilities
26. Unearned Rev- Prepayments
enue
2
2/6
NAB CORE RCAL-FINANCIAL [2026]
Study online at https://quizlet.com/_brw1wv
1. Medicare Part B The part of the Medicare program that pays for physician services, 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 di-
rectly 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 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 Truth in financial reporting which provides SEC oversight. Financials checked by
Act 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 current liability
payable
12. Amoritazation the paying off of a debt in regular installments over a period of time
13. Assets
1
1/6
, NAB CORE RCAL-FINANCIAL
NAB CORE RCAL-FINANCIAL [2026]
Study online at https://quizlet.com/_brw1wv
the cash, inventory, property, plant, and equipment, and other investments 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
16. Cost Creep Increasing of costs (usually labor) as a result of increased resident acuity without
any increase in revenue as an offset.
17. Assets Can be liquidated quickly
18. Current Ratio current assets - current liabilities
The wider the margin, the sounder your company
19. Equities Financial rights to the assets of a business (the bank or the investors)
20. FICA SS TAX
21. Fiscal/Calendar A term that is used to differentiate a budget or financial year from the calendar
year year.
22. fixed Stay the same
costs/charges
23. Income State- Revenues - Expenses = Net Income
ment
24. Liabilities Debts
25. Net Worth total assets minus total liabilities
26. Unearned Rev- Prepayments
enue
2
2/6
