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1. As revenue cycle manager, you oversee all the revenue processes. You just received the report below (next page) and need to determine if the

1. As revenue cycle manager, you oversee all the revenue processes. You just received the report below (next page) and need to determine if the patient accounting department is meeting the goal of having less than 20 percent of the accounts receivable older than 90 days.

Is the 20% goal being met (Yes/No)? Please support your answer with a short response including numbers/calculation (based on the report).

2. Decide what other information may be relevant to resolving the outstanding accounts below.

Identify possible relevant issues.

image text in transcribed
Pine Valley Community Hospital A/R Report March 31, 2015 Days Outstanding Account Patient Number Name Current 30-60 61-90 91-120 121-150 151-180 +180 Total 0013424 Jones $58.75 $212.15 $270.90 0054261 Williams $678.50 $6,351.12 $7,029.62 0023789 Matthews $478.65 $478.65 0052113 Colson $1,425.97 $1,425.97 0016732 Smith $653.26 $653.26 0044304 Reynolds $7,369.82 $7,369.82 0022115 Foster $682.15 $11,659.72 $12,341.87 0038458 Bell $5,364.66 $5,364.66 0030071 Brown $8,416.65 $8,416.65 0021631 Miller $4,652.31 $4,652.31 0019578 Lockwood $115.80 $713.48 $829.28 0029824 Johnson $112.53 $112.53 0043754 Carson $12,865.40 $12,865.40 0052111 Davis $311.52 $311.52 0018423 Lawson $8,789.65 $8,789.65

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