Finances in HealthcareInstructions

This week's discussion introduces us to the financial side of Healthcare. You will start to see the whole picture of the medical billing aspect and the importance of every little detail involved.

Define accounts receivable and explain how they are handled in a physician's office. Cite you resources properly.

Also, just for fun, I have listed some excuses that you will hear from time to time from patients. What would be the best response to these patients who are trying to avoid payment?

Excuses:

"Just bill me."

"I have insurance to cover this."

"I get paid on Friday; you know how it is."