Sutter Health

Sutter comfortablynesss Retooling of Accounts Receivable October 18, 2010 An increasing issue deep down wellnesscare is the inability to hive up debt from the rising levels of uninsured or underinsured and affected role payment obligations which have point increase 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 work families. Hospitals incur over $60 billion dollars in nonional debt annually because they typically collect only ten to twenty dollar bill percent of a entirety uninsured patient sleep after service. This is due to a number of reasons, including poor chronicle practices, a lack of countervail patient entropy and a lack of generated reports. This paper bequeath discuss how one company, atomic number 20s Sutter wellness, has taken travel to correct the accounts receivable problem. It forget analyze the accounti ng practices put into place by Sutter Health and the success of these practices. It will likewise provide an alternate firmness of purpose to the issue of debt collection as well as an intellection 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 more than 100 blue California communities.

The network consists of more than two dozen cunning care hospitals, as well as physicians organizations, medical research facilities, sign of the zodiac health services, hospice and occupational hea lth 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 financial and operational indicators such as A/R age and cash collections. As a result, managers and staff often had to dwell 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

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