Lab Assignment 1: Tickler System (For Medical Coding and Billing)
Research tickler systems online. Create a 5-slide presentation, using Power Point, describing a tickler system and showing some system examples.
Lab Assignment 2: Healthcare Cash Flow
Below are some articles introduced in this lesson that provide tips and techniques for managing a medical office's revenue and collections. Look through the articles, then write a 4-paragraph paper that summarizes the following:
Today you are the manager of ABC Clinic. You are facing issues in your collection department and need a solution to help increase your revenue. What are some ways it might do this?
Feel free to make assumptions about how ABC Clinic operates. Enter your ideas into a Word document labeled "CashFlow"
Look over the MiddleSex Financial Statements in order to answer the questions below.
Question 1: What were the hospital's total assets as of September 2011?
Question 2: How much did they pay in salaries and wages in 2011?
Question 3: How much money did they earn or lose, total?
Question 4: Did their bad debt (money owed them that they weren't able to collect) go up or down from 2010 to 2011?
Question 5: How much more revenue did they earn from patient services in 2011 than they earned in 2010?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.