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Monday, August 30, 2010

What is Financial Class?

Financial classes are to track categories of patient purposes. It defaults at the patient demographic and ties to the charge. The AR Report will show how much income was generated by each class, as well as the outstanding receivables for each class.

Example of financial class:

M-Medicare
W-Worker Comp
T-Travelers
I-Insurance
S-Self A-Avmed
P-Prucare
D-Medicaid

They are needed to run the different kind of report like:

1.Aged Accounts Receivable Report
2.Detailed Accounts Receivable Report
3.Collection Report

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