Today you are the manager of ABC Clinic. You are facing issues in your collection department and need a solution to help increase your revenue. What are some ways it might do this? Feel free to make assumptions about how ABC Clinic operates. Enter your ideas into a Word document labeled “CashFlow”  Helpful links:

. Lab Assignment: Tickler System (For Medical Coding and Billing)
Research tickler systems online. Create a 5-slide presentation, using Power Point, describing a tickler system and showing some system examples.
2. Lab Assignment: Healthcare Cash Flow
Below are some articles introduced in this lesson that provide tips and techniques for managing a medical office’s revenue and collections. Look through the articles, then write a 4-paragraph paper that summarizes the following:

Today you are the manager of ABC Clinic. You are facing issues in your collection department and need a solution to help increase your revenue. What are some ways it might do this?

Feel free to make assumptions about how ABC Clinic operates. Enter your ideas into a Word document labeled “CashFlow”
Helpful links:

• Increase Your Revenue Tip #1 – Prescription Refills
• The 9 Essentials for an Effective Year End (and year to come)
• Seven Ways to Improve Your Patient Collections
• Take a Closer Look at Your Superbill to Ensure Accurate Billing
• Hidden Ways Medical Billing Shortcomings Hurt Your Practice
• Top 6 Medical Billing Tips and Best Practices

3. Lab Assignment: Financial Report Worksheet
Look at the financial statements for Middlesex Hospital, then answer the questions in the Finance Statement Worksheet.  or download it below.