Identify and define how the health services organization may better manage its accounts receivables, since a major amount of revenue is "left on the table" by patients and other payors who will not pay.© BrainMass Inc. brainmass.com June 4, 2020, 3:41 am ad1c9bdddf
There are a few options which come immediately to mind:
- First, collect payment based upon service given at time of appointment, resulting in no receivable.
- Second, determine if the patient has an insurance plan, and make sure the co-pay is ...
This is a discussion which represents how accounts receivable should be handled and the effects of a random collections policy. It provides insight into what a solid collections policy can accomplish.