A hospital-based eligible professional (EP) is defined as an EP who furnishes 90% or more of their covered professional services in either the inpatient (Place of Service 21) or emergency department (Place of Service 23) of a hospital.
BPC, Articles and Glossary. TPS: Transaction Processing Systems. Definition: A Transaction Processing System (TPS) is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise. A transaction is any event that passes the ACID test in which data is generated or modified before storage in an information system.
Two subsystems perform the processing steps within the revenue cycle: The Sales Processing System The Cash Receipts Processing System Objectives of the Revenue Cycle To record sales orders promptly and accurately To verify that the customers are worthy of credit To ship the products or perform the services by agreed dates To bill for products or ...