Batches: Accounting for Money
A batch within a practice management system is a ten-key calculation of the charges, payments and write-offs as they are posted. Every morning each user that enters patient demographics, charge entry, payment entry and adjustments should open a new batch. Each night prior to leaving work each user should be responsible for balancing the batch to all monies collected.
|
|
|
If selected Yes, within the practice management system a batch can also calculate the Hash totals.
Batches track patients that received charges, payments and adjustments, grand totals, hash totals and the user who keyed the information.
Batches will also track insurance reversals or Takebacks, interest payments, Non Sufficient Funds (NSF) and more. |
Batches are a useful way for a end user (front desk, nurse, physician assistant, doctor or medical biller) to balance back to what they were requested to data enter within the software system
To learn more about Batches and how to use them please Watch our FREE Medical training video series.
|
|
