Accounts Receivable.
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- Posts: 2
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Accounts Receivable.
- Gavin Walker
- Posts: 4625
- Joined: Wed Apr 04, 2007 10:11 pm
- Location: Springfield, MO
- Contact:
Re: Accounts Receivable.
Walker Tek Solutions, LLC
417-890-6777 x0
fax: 417-763-6386
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- Posts: 2
- Joined: Wed Oct 10, 2012 10:39 pm
Re: Accounts Receivable.
We got the 30-60-90 report. Is there such a thing as 0-30?
He said 0-90 days was all the A/R he was going to have me buy, after 91 days he was going to write off. The confusing part is that the 31-90+ A/R totals 44k. On the Practice analysis history 1994-presentt, the total A/R is 135k.
Do I make sense?
- Gavin Walker
- Posts: 4625
- Joined: Wed Apr 04, 2007 10:11 pm
- Location: Springfield, MO
- Contact:
Re: Accounts Receivable.
Next you will want to examine practice analysis. If they have had a $1 million in charges and $333 thousand in adjustments then you know around a third of that money will need to be written off because of contractual adjustments. All of this assumes that data is even being entered in properly into Medisoft.
You might be better off paying him a percentage of what is collected and start a new Medisoft database for your practice.