A recent increase in unpaid patient account balances has identified the need to implement efficient financial policies. Dr. Jones asked Lucy to create an operational plan to increase patient collections this should include developing a payment policy for patients to review, acknowledge, and sign the goal is to reduce unpaid accountsand define potential collection actions use the following prompts to create your discussion thread post. Identify a policy Lucy could develop to reduce unpaid balances and explain your answer describe two ways Lucy could communicate the implementation of this policy to her billing department and consider how she might engage them in acting on patient accounts that are over 30 days past due, discuss how the convenience of offering online payments could increase patient revenue.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A recent increase in unpaid patient account balances has identified the need to implement efficient financial policies. Dr. Jones asked Lucy to create an operational plan to increase patient collections this should include developing a payment policy for patients to review, acknowledge, and sign the goal is to reduce unpaid accounts
and define potential collection actions use the following prompts to create your discussion thread post. Identify a policy Lucy could develop to reduce unpaid balances and explain your answer describe two ways Lucy could communicate the implementation of this policy to her billing department and consider how she might engage them in acting on patient accounts that are over 30 days past due, discuss how the convenience of offering online payments could increase patient revenue.

 

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