Assignment:
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.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.