There are three reports that are especially useful at the end of each day:
1. Patient daysheet
2. Procedure daysheet
3. Payment daysheet
The patient daysheet lists each patient seen that day. Detail charge, payment and adjustable transactions are listed for each patient, along with totals for each category. At the end of the report is a summary of the day’s financial activity for the practice.
The procedure daysheet is a production-oriented report, listing each procedure performed that day, the number of times the procedure was performed, and the total amount of all the entries for that procedure.
The payment daysheet is found in all Medisoft programs. It’s used to balance your bank deposit slip for each day’s deposits. The total of the payment entries on the payment daysheet should equal the total of your bank deposit. Also found is the ability to report payments by provider in a multiple provider office.
At a minimum, you should view the patient daysheet and the payment daysheet each day. These reports are structured to automatically include only the transactions you entered on that day, but give the option to include other transactions by date of entry or date of service.
The aforementioned procedures will give you information to help maintain accurate accounting records. Having said that, it is mission critical to backup your data on a daily basis using either an on-line service or USB Flash Drive solution.
Why upgrade now to Medisoft v17 for ANSI 5010? Can your practice afford to lose $5,000? How about $25,000? That’s the risk you run if you are not able to submit your claims by the January 1, 2012, ANSI 5010 electronic standard compliance deadline.
Is there anyone you know who would benefit from Medworks’ services? Do you know a practice that is considering outsourcing its medical billing, or perhaps evaluating new software? Are you familiar with our Medical Billing Referral Awards Program? We appreciate your consideration.
Changing Allowed Amounts on the Fly
When entering transactions, you have the ability to change the allowed amount.
Create or edit a procedure code, double-click the allowed amount box that appears on the bottom left of the transaction window, and change the allowed amount. Click OK to save the change, and save the transaction.
Note: For Network Professional and Advanced programs only.