Integrated business office can boost cash flow.
Management of patient accounts traditionally has treated billing and collections as separate functions, with staff members working accounts alphabetically by patient. In an integrated business office, however, staff members are trained in both billing and collections and are specialized according to payers. The advantages of a payer-specific design include more efficient contact with major payer groups and a better trained, more flexible staff.
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D000067:Accounts Payable and Receivable; D005377:Financial Management, Hospital / Q000379:methods*; D005431:Florida; D006746:Hospital Bed Capacity, 500 and over; D007182:Income; D007349:Insurance, Health, Reimbursement; D009817:Office Management; D010350:Patient Credit and Collection / Q000458:organization & administration*; D014481:United States