1 / 10

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

zyta
Download Presentation

Accounts Receivable

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  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

More Related