Health Services Organization's Account Receivables
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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.
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Solution Summary
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.
Solution Preview
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 ...
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