One of the best ways to improve your patient's oral health and increase production in your practice is through analyzing your production and increasing treatment case acceptance.
Beginning Balance - For MTD, this is the previous MTD's ending balance. For YTD, this is the previous YTD's ending balance. This option will be blank for a date range. For the AVG column, it will average the beginning balance of the months being averaged.
· Charges
· Non-Insured Charges - The amount (or average) from the completed procedures entered during the time period that were not billed to insurance (the total for month-to-date in the MTD column).
· Insured Charges - The amount (or average) of production that was billed to insurance in the given time period.
· Sub-Total - The total production from completed procedures entered during the time period.
· Finance Charges - The total (or average) finance charges added to patient accounts (either those entered manually or those calculated with Month End) during the time period.
· Late Charges - The total (or average) late charges added to patient accounts (either those entered manually or those calculated with Month End) during the time period.
· Adjustments - Additions: The total (or average) of any adjustment amounts that were added to a patient account during the given time period (debit adj., patient refund).
· Total Charges - The total (or average) of Non-Insured, Insured, Adjustment Additions, Charge Adjustments, and Finance Charges.
· Credits
· Patient Payments - The total (or average) amount from all guarantor payments applied during the time period.
· Insurance Payments - The total (or average) amount from all insurance claim payments applied during the time period.
· Sub-Total - The combined total of guarantor and insurance payments entered during the period.
· Adjustments: Reductions - Total (or average) of any adjustment amounts that were subtracted from a patient account (Write off, Cash Discount, and so on) during the time period.
· Total Credits - The total (or average) of Guarantor Payments, plus Insurance Payments, plus Credit Adjustments.
· Ending Balance - The Beginning Balance, plus Total Charges, minus Total Credits.