16 Jun Question Medical Office Operations
Question
Medical Office Operations
The point of a medical office is to help people, but it is a business that needs to generate money to stay open.
please include the following:
– Identify the difference between billable revenue and collections.
– Consider 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.
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