Sutter Health

Sutter puff upnesss Retooling of Accounts Receivable October 18, 2010 An increasing issue inside 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 running(a) families. Hospitals incur over $60 billion dollars in ruinous debt annually because they typically collect only ten to 20 percent of a entirety uninsured patient rest after service. This is due to a number of reasons, including poor business relationship practices, a lack of countervail patient entropy and a lack of generated reports. This paper bequeath discuss how one company, calciums Sutter wellness, has taken travel to correct the accounts receivable problem. It pull up stakes analyze the accountin g practices put into place by Sutter Health and the success of these practices. It will likewise provide an alternate solution to the issue of debt collection as well as an tactile sensation concerning the approach used by Sutter Health. Souza and McCarty (2007) write Sutter Health is a leading non-for-profit network of community-based healthcare providers that deliver care in more than than 100 blue California communities. The network consists of more than two dozen cunning care hospitals, as well as physicians organizations, medical research facilities, dental plate health services, hospice and occupational health 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 pecuniary and operational indicators such as A/R years and cash collections. As a result, managers and staff ofte n had to calculate until the end of the mon! th 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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