List some examples of how the results from various reports can be used in the medical office.

Question

What will be an ideal response?

Answer 1

Reports can provide data for practice analysis and financial information. Statistical data can be gleaned from reports, and is useful for comparisons and evaluations of income from insurance carriers, referral sources, and even medical equipment and its usage in the office. Physicians of a group practice can track total revenues each individual physician has produced. Or, if a physician has joined a health plan as a participating provider, tracking revenue versus volume of patients and types of procedures can be useful on a periodic or annual basis to determine whether the physician’s effort and time investment are being appropriately utilized. For medical-office staff responsible for medical billing and patient accounts, reports can provide information about medical-billing activity and past due balances. These reports can provide important assistance with preparing statements, insurance tracing, and the collections process.