Sutter Health

Sutter healths Retooling of Accounts Receivable October 18, 2010 An increasing issue at bottom closelynesscare 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 k nonty debt annually because they typically collect only ten to cardinal percent of a entirety uninsured patient fit after service. This is due to a number of reasons, including poor write up practices, a lack of countervail patient entropy and a lack of generated reports. This paper bequeath discuss how one company, calciums Sutter health, has taken travel to correct the accounts receivable problem. It volition analyze the accounting practices put into place by Sutter Health and the success of these practices. It will likewise provide an alternate etymon to the issue of debt collection as well as an judgement 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 much than 100 blue California communities.

The network consists of more than two dozen cunning care hospitals, as well as physicians organizations, medical research facilities, kin health services, hospice and occupational health networks, and long-term care centers. When Sutter Health first approached the idea of r! etooling accounts receivables they place several problems: First, PFS staff could not access real-time information on key monetary and operational indicators such as A/R years and cash collections. As a result, managers and staff often had to detention 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