Bookkeeping

Process used for posting (recording), summarizing, and allocating all business transactions to show a company’s income and expense by analyzing and verifying posted entries. The purpose is for collecting amounts due and reporting the financial condition of the business at a future date.

Boren Amendment

From 1980 to 1997, federal law directly linked Medicaid nursing home rates with minimum federal and state quality of care standards. As part of the Omnibus Reconciliation Act of 1980, the “Boren amendment” required that Medicaid nursing home rates be “reasonable and adequate to meet the costs which must be incurred by efficiently and economically operated facilities in order to provide care and services in conformity with applicable state and federal laws, regulations, and quality and safety standards” (Section 1902[a][13] of the Social Security Act). State Medicaid officials overwhelmingly came to oppose the amendment as impossible to operationalize, believing that they were forced by the courts to spend too much on nursing homes at the expense of other services. The federal Balanced Budget Act of 1997 repealed the Boren amendment, giving states far greater freedom in setting nursing home payment rates.

BP

1. See business partner . 2. HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating that the Medicare beneficiary elected to purchase the item. 3. See Medicare Benefit Policy Manual (BP) .

BR

1. HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating the Medicare beneficiary elected to rent the item. 2. Abbreviation for by report. See by report (BR) .

Braces { }

Punctuation symbols used in the diagnostic code book titled International Classification of Diseases, Ninth Revision, Clinical Modification (ICD-9-CM) . It is used to enclose a series of terms, each of which is modified by the statement appearing at the right of the brace in the descriptions of the diagnoses. This convention does not appear in ICD-10-CM.

Brackets [ ]

Punctuation symbols used in the diagnostic code book titled International Classification of Diseases, Ninth Revision, Clinical Modification (ICD-9-CM) . Brackets are used to enclose synonyms, alternate wording, and explanatory phrases of the descriptions of the diagnoses. This convention does not appear in ICD-10-CM.