These tools will no longer be maintained as of December 31, 2024. Archived website can be found here. PubMed4Hh GitHub repository can be found here. Contact NLM Customer Service if you have questions.


Pubmed for Handhelds

PUBMED FOR HANDHELDS

Search MEDLINE/PubMed

  • Title: Hospital's six-point program clears up financial picture.
    Author: Wheeler JT.
    Journal: Health Prog; 1988; 69(6):78-81. PubMed ID: 10302649.
    Abstract:
    To deal with the many changes affecting patient accounts today and reduce the backlog in accounts due, Mercy Hospital, Hamilton and Fairfield, OH, adopted a six-point program with the following goals: Creation of an admitting and outpatient registration quality assurance program; Creation of a patient financial representative position; Commitment to electronic claims processing; Redistribution of work load in the billing office; Improved relations with community employers; Internalization of collection efforts. Since the program was implemented, the hospital has reduced accounts receivable from $15,935,000 to $10,809,000 and days outstanding from 115 to 70.7 gross. It has improved community and patient relations and intensified collection efforts, all with a staff reduction from 26 full-time employees to 24.5. The hospital's further plans include acquiring new software to electronically process commercial accounts; improving cash collections for deductibles and copayments at the time of discharge'; reducing collection expense through an automated collection software package, inexpensive collection letter series, and credit cards; and providing on-the-spot bank loans at discharge.
    [Abstract] [Full Text] [Related] [New Search]