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Accounts Receivable

Accounts Receivable. Chapter 27. Objective. Use the Accounts Receivable Aging Dashboard. Key Concepts. No payments Underpaid Overpaid Denied No follow-up With follow-up Payments not yet applied Unidentified. Accounts R eceivable Aging. Figure 27-1

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Accounts Receivable

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  1. Accounts Receivable Chapter 27

  2. Objective • Use the Accounts Receivable Aging Dashboard

  3. Key Concepts • No payments • Underpaid • Overpaid • Denied • No follow-up • With follow-up • Payments not yet applied • Unidentified

  4. Accounts Receivable Aging • Figure 27-1 • Click Billing button on MedTrak Main menu then clicks AR Dashboard button • This dashboard tracks invoices/payments with non-zero balances: • Invoices with no payments • Partially paid invoices(underpaid) • Overpaid invoices for which payer denies that payer owes for charge(s) • Invoices with no follow-up(no collection activities started) • Invoices with follow-up(collection activities started) • Payments not yet appliedto invoices (for which payer is known to facility) • Payments received from unidentified sources(for which payer is not known)

  5. Accounts Receivable Aging • Accounts receivable Aging Dashboard has two main sections • 1. Debit A/R • 2. Credit A/R • Total Debit, Total Credit, and Total Net AR • Figure 27-2 Aging periods for the Accounts Receivable Aging Dashboard • Filters are set up displaying invoices for just one facility or for entire entity, or based on activity, by invoices with follow-up and without • Accounts Receivable Dashboard totals reflect amounts based on last time that dashboard was refreshed • To display invoices in category for that aging period click appropriate amount field • To display different aging period click blue arrow buttons at top of screen or use Next Time Periods and Prev Time Periods buttons • Accounts receivable Aging Dashboard is now set to next aging period from previously known screen-Figure 27-3 • Do This! Pg. 340

  6. Invoice Activity Filter • At top of screen is drop-down selection list • Click drop-down list select invoice activity filer and click Reset View button at top right of screen or Reset View button on left side of screen-Figure 27-4 • Do This! Pg. 341

  7. Invoice Follow-Up Filter • Top of screen is also drop-down selection list • Click drop-down list select follow up filter then click Reset View button at top of screen or Rest View button on left side of screen-Figure 27-5 • Do This! Pg. 342

  8. Selecting An Accounts Receivable Category And Aging Period • To view invoices click number that represents category and aging period • On Accounts Receivable Aging Dashboard click Debit A/R/Insurance category for 0-30 day aging period-Figure 27-6 • Figure 27-7 A/R by Balance: Insurance, Age 0-30 screen • Figure 27-8 Invoices, Age 0-30 screen • Figure 27-9 Invoices, Age 0-30 screen showing Change Payer Display selection • Figure27-10 Invoices, Age 0-30 screen showing Change Display Order selections • Figure 27-11 Invoices, Age 0-30 search function

  9. Balance Billing To The Secondary Payer • Figure 27-12 Invoices, Age 0-30 screen showing balance bill (BB) command • Figure 27-13 Invoices, Age 0-30 screen showing balance billed to Nationwide • Figure 27-14 Accounts Receivable Aging Dashboard • Figure 27-15 A/R by Balance: Insurance, Age 0- 30 screen showing that Nationwide has a balance • Figure 27-16 Invoices, Age 0-30 screen showing the Baker invoice with a balance of $100.00 • Do This! Pg. 351

  10. Printing The Nationwide CMS1500 For Mr. Baker • You will need to print and turn in your patient’s CMS1500 to Nationwide for your assignment • Do This! Pg. 351

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