BC Advantage - 2017 Issue 2

A Quick Guide to Smooth Healthcare Payment Reconciliation

End of the month reconciliation is a time both dreaded and feared by business office professionals across the world. Whether you’re in healthcare, education, or retail, every money-handler and accountant knows the drill. Maybe a few have come to terms with the long hours of reviewing records and comparing totals for payments, costs, and bad debt, but most view the 10 to 12-hour days associated with month end as a trial to be survived.In a way, it is. It’s a trial to determine how efficiently and effectively your office has performed over the last 30 or...

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