by Joel Baldwin | Sep 22, 2020 | Business & Team Management
September 22, 2020 To truly understand the revenue cycle, you must first understand your adjustments. If you are wondering “What is the purpose of an adjustment?” or “How do my adjustments affect my business?” you need to look at setting up Dentrix Ascend to track...
Continue Reading
by Joel Baldwin | Oct 2, 2019 | Revenue Cycle Management
October 02, 2019 Write-downs, write-offs, professional courtesies, and the like are all adjustments to production that are not collectible. Therefore, regardless of how you pay your providers, you need to keep a close eye on the adjustments in your practice. The...
Continue Reading
by Joel Baldwin | May 1, 2019 | Revenue Cycle Management
May 01, 2019 This patient is family; this patient is a friend of the doctor. This patient is a senior citizen; this patient is a staff member. What do they have in common? They are all prime candidates for a courtesy adjustment to their balance. Courtesy adjustments...
Continue Reading
by Joel Baldwin | Nov 7, 2018 | Revenue Cycle Management
November 07, 2018 Dentrix Ascend uses line-item accounting, which means that when a credit—such as a payment or credit adjustment—is entered, it should be posted against a debit transaction, such as a procedure or service rendered. In some cases, when a payment is...
Continue Reading