Collection Specialist Series


	course catalog
	course catalog	Business Office Manager Series A series of courses providing staff whom already have core competency in daily business operations with the skills necessary to manage, organize and articulate critical financial data. Your Business Office Manager's ability to understand and articulate your financial status will enhance your leadership's ability to make strategic decisions. Participants learn how to: Enter notes to facilitate account follow up. Identify who creates which notes and when. Run the daily work list.

managing patient accounts

managing the business office
managing the business office		Participants learn how to: Establish performance measures. Define internal control. Evaluate internal control structure. Review and/or develop month end processes. Identify the reporting requirements in your state.

patient accounting certification
patient accounting certification		Patient Accounting Certification includes exam preparation and the exam qualifies for 3 CPE credits: Master Key Financial Terms Course participants learn how the activities they see and do every day are reflected in the financial statements. The course focuses on key financial terms such as: Cash Flow, Net Revenue and Net Income as well as the purpose of each financial statement. Participants learn how to: Define, recognize and use key financial terms. Compare and contrast these terms. Associate the key terms with the corresponding financial statement. Locate key numbers in the financial statement provided on your company's financial statements. Explain the purpose of each financial statement.


		Understanding Your Reports Course participants learn how patient accounting systems capture and report information, how the numbers are reported to the financial statements and ways to ensure the numbers are right. Participants will: Define a transaction. Name the main types of transaction categories used in patient accounting systems. Explain the impact of each transaction category on Accounts Receivable. Prepare a reference tool summarizing the types of transactoins captured in each category. Define the terms: payer, carrier, financial class and insurance type. Use system reports to learn how the information is summarized and reported. .
		Reporting Your Results Course participants learn how to report revenue and expenses using each of the three accounting methods: Cash Basis of Accounting, Modified Cash Basis of Accounting and Accrual Accounting. Participants learn how to: Explain how revenue and expenses are reported using each of the accounting methods. Identify the main difference between the methods. Trace Charges, Payments and Write-Offs reported from the jpatient accounting system reports to the Financial Statements using accural accounting. Report charges, Payments and Write-Offs using each of the three accounting methods.
		Get a Handle on Your Reserves and Write-Offs The course covers the methods used to reserve for bad debt and contracted discounts as well as report bad debt expenses, non-contracted discounts and contractual write-offs using the Accrual Basis of Accounting. Participants learn how to: Define the Matching Principle. Apply the matching principle to record bad debt expense. Compare and contrast the different methodologies used to estimate bad debt expense. Apply the matching principle to record non-contracted discounts and contractual write-offs. Explain the difference between reporting non-contracted discounts and contractual write-offs. Compare and contrast the different methodologies used to estimate the contractual write-offs.
		Analyze Your Financial Statements Course participants use financial statements and graphs to identify and explain important operational trends and use sample information and templates to create easy to understand financial presentations that are ideal for board meetings. Participants learn how to: Explain the purpose of each financial statement. Identify trends using financial statements and graphs. Explain the trends identified. Calculate A/R Days. Compare and contrast indirect versus direct costs, and variable versus fixed costs. Use ratios to evaluate and monitor significant expenses.


		The RUSH GROUP, LLC is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org