Sutter Health

Sutter risenesss Retooling of Accounts Receivable October 18, 2010 An increasing issue inwardly wellnesscare is the inability to hive up debt from the rising levels of uninsured or underinsured and affected role payment obligations which have point change magnitude pressure on hospitals to maximize up-front cash collections. Today in the United States at that place are nearly 47 million Americans uninsured and 80 percent of those come from works families. Hospitals incur over $60 billion dollars in shitty debt annually because they typically collect only ten to twenty percent of a entirety uninsured patient equalizer after service. This is due to a number of reasons, including poor bill practices, a lack of countervail patient entropy and a lack of generated reports. This paper bequeath discuss how one company, atomic number 20s Sutter health, has taken travel to correct the accounts receivable problem. It give analyze the accounting practices put into place by Sutter Health and the success of these practices. It will likewise provide an alternate ascendant to the issue of debt collection as well as an sagaciousness concerning the approach used by Sutter Health. Souza and McCarty (2007) write Sutter Health is a leading not-for-profit network of community-based healthcare providers that deliver care in to a greater extent than 100 blue California communities.

The network consists of more than two dozen cunning care hospitals, as well as physicians organizations, medical research facilities, al-Qaida health services, hospice and occupational h ealth networks, and long-term care centers. ! When Sutter Health first approached the idea of retooling accounts receivables they place several problems: First, PFS staff could not access real-time information on key fiscal and operational indicators such as A/R long time and cash collections. As a result, managers and staff often had to appreciation until the end of the month to dance band benchmarks, track progress, or make important business decisions....If you expect to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay