Evaluate Weigh the pros and cons of technologies, products and projects you are considering. Revenue recognition software helps tech vendors meet accounting rules Changes in how companies must report revenue from bundled products creates huge accounting hassles; learn how revenue recognition software is helping CFOs with this struggle. Share this item with your network: Three years ago, Apple convinced the Financial Accounting Standards Board FASB to change the way companies that sell multi-element products often called bundles can recognize revenue over time.
With patient responsibility as a percentage of revenue on the rise, providers have seen their billing-related costs and accounts receivable levels increase.
Each has a very personal healthcare experience, and each has distinct financial needs and preferences that have an impact on how, when and if they chose to pay their healthcare bill.
The need to tailor financial conversations and payment options to individual needs and preferences is critical. This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach, but take control of rising collection costs.
Approaching New Problems with New Approaches This white paper, written by Apex Vice President of Solutions and Services, Carrie Romandine, discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle.
Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs, but it will maximize the amount collected before sending to collections.
Further, targeted messaging should be applied across all points of patient interaction i. Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections. This white paper shows why patient-centric approaches to online payment portals are important complements to traditional provider-centric approaches.
Payment Portals Can Improve Self-Pay Collections and Support Meaningful Use Increased electronic engagement between healthcare providers and patients provides significant opportunities for improving revenue cycle metrics and encouraging patients to access EHRs.
This article, written by Apex Founder and CEO Brian Kueppers, explores a number of strategies to create synergy between patient billing, online payment portals and electronic health record EHR software to realize a high ROI in speed to payment, patient satisfaction and portal adoption for meaningful use.
The need to improve collections was dire. By integrating critical tools and processes, the health system was able to increase online payments and improve its financial position. This case study explains how.Revenue Recognition Research Projects.
Consolidating the data is something that’s needed to be done for a while. Most surveys on the book selling industry totally ignored/underestimated self publishing sales.
Access the latest editorially selected research. Share your work with development practitioners in over countries. Find out more. The definition of tax shelter opinion for purposes of section of Treasury Department Circular No. (31 CFR part 10) will not apply, if at all, to written advice concerning municipal bonds rendered less than days after the publication of the final regulations in the Federal Register.
IASB and FASB release revenue recognition exposure draft What is the issue? On June 24th, the FASB and IASB issued an exposure draft proposing a new revenue recognition model that could fundamentally alter the way entities across a variety of industries recognise revenue.
This paper estimates fossil fuel subsidies and the economic and environmental benefits from reforming them, focusing mostly on a broad notion of subsidies arising when consumer prices are below supply costs plus environmental costs and general consumption taxes.