• Research Paper on:
    A Small Office Accounts Receivable Assessment

    Number of Pages: 9

     

    Summary of the research paper:

    In nine pages the accounts receivable operations of a small medical center are assessed in terms of better streamlining and environmental security. There are no sources cited in the bibliography.

    Name of Research Paper File: CC6_KSacctAR.rtf

    Buy This Research Paper »

     

    Unformatted Sample Text from the Research Paper:
    Subject: Internal Control in the Payment Collection System As you requested, I have studied and assessed our current method of dealing with patient accounts  receivable. The following sections outline current practice; a diagram of the paper path of one clerks position; an assessment of the efficacy of the current system; and recommendations for  improvements to the system that we can make without fully automating the system at the present time. Current Practice  There are several points at which patient business (i.e., nonmedical) files are used in the process of recording charges and payments by credit patients. The  actual files used are listed in Table 1 below, but it should be remembered that patient files are used for a number of transactions. The interviewing physician uses the  patient business file for the initial determination of credit approval. The same patient business file is then used to contain charge slips, payment records and internal memoranda. The  effect is that the patient business file is first a master file, but it also constitutes a transaction file in that it is used for so many separate and necessary  transactions of approval, charge and payment. Table 1. Files Used Master Files Transaction Files Debtor file Daily Collections List Patient  files (nonmedical) Daily Sales List Daily lists summarizing collections and sales are not files per  se, yet constitute the equivalent of daily files used to track sales and receipts, which obviously will not reconcile on a daily basis. Credit patients may make payment on 

    Back to Research Paper Results