Custom accounts receivable modeling.
In hospital and clinic management, accounts are valued as units and handled equally--a $20 account receives the same minimum number of statements as a $20,000 account. Quite often, the sheer number of accounts a hospital or clinic has to handle forces executives to manage accounts by default and failure--accounts mature on an aging track and, if left unpaid by patients, eventually are sent to collections personnel. Of the bad-debt accounts placed with collections agencies, many are misclassified as charity or hardship cases, while others could be collected by hospital or clinic staff with a limited amount of additional effort.
St. John's Medical Center, Longview, WA.
J
J
Veazie
D000067:Accounts Payable and Receivable; D005377:Financial Management, Hospital / Q000379:methods; D017146:Models, Organizational; D010350:Patient Credit and Collection / Q000379:methods*; D014481:United States