MedLook Weekly Tip For 11/22/2006

There are currently three sub-folders that deal explicitly with “amount due”.  Patient Due lists patient accounts where the patients themselves have outstanding receivables.  By default the data is sorted from those with the most due to those with the least due.  This is very convenient when working on collections where it is obvious that those who owe the most are the accounts you should focus on first and foremost.  Of course, the list shows the Amount Due along with the basic patient contact information and the DOL Payment, Charge, Bill, and Transaction.  The data is grouped into a single default group so that the footer line can give you a quick total of what remains due from all of your patient accounts.

Below is a view of Patient Due.

Zero Patient Due lists patient accounts where the patient has no outstanding amount receivable.  Ideally this would be all of your accounts!  One use for this would be in archiving inactive accounts.  By listing these accounts, in combination with the DOL items, you can intelligently archive patients you have not seen in years knowing full well that these accounts have no outstanding receivables that you would simply be discarding.

The Zero Balance Due sub-folder is very similar to that Zero Patient Due folder except it checks all payors for any amount outstanding.

These sub-folders can be very helpful in determining your financial health, identifying problem accounts and problems in accounts, and more.

Email Us  Any questions, comments, or suggestions are welcome.