Difference between billable revenue and collections

Assignment Help Other Subject

Reference no: EM1388067

The point of medical office is to help people, but it is business which needs to generate money to stay open.

Please include the following:

- Determine the difference between billable revenue and collections.

- Discuss how a medical office might be helped or hindered by a disparity between receivables and collections.

- Give an example of how a medical office should go about collecting bills that are 60 days past due.

- List the advantages and disadvantages of using computerized banking for a medical office.

- State whether standard banking (for example, physically taking checks to a bank) is better then computerized banking, and explain.

Reference no: EM1388067

Questions Cloud

Computer-based versus paper-based medical records : Discuss the advantages and disadvantages of computer-based versus paper-based medical records. Do you prefer paper-based medical records or computer-based records?

Expected values of a discrete random variable : When the conditionally and unconditionally expected values of a discrete random variable would be different?

Harvard pilgrim health care and eag : Find out the site for Harvard Pilgrim Health Care and Harvard Pilgrim Ethics Advisory Group (EAG). How is the EAG's involvement of a broad group of stakeholders facilitate accountability.

What are the main selling points that you would stress : What are the main selling points that you would stress in this package? Why would you choose those selling points?

Difference between billable revenue and collections : Determine the difference between billable revenue and collections. Discuss how a medical office might be helped or hindered by a disparity between receivables and collections.

Calculate access time when there is cache miss : Calculate the access time when there is cache miss? Suppose that cache waits until line has been fetched from main memory and then re-executes for a hit.

Discrete random variables : 1. What do discrete random variables describe? 2. Explain joint probability. 3. Explain conditional probability.

Strategic alliances joint ventures and cooperative : Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to

Components of the urine : Determine which components of the urine would be raised if a person were on a very low carbohydrate, weight-reducing diet? Explain the process involved?

User Account

All Pages