The MEDIK Accounts Receivable Trial Balance

The Aged Receivable Trial Balance is a cornerstone of your facility’s financial reporting. Accounts Receivable might be the largest asset on your Balance Sheet.

The Aged Receivable Trial Balance reveals the basics. It's the tool Business Office Managers and CFO’s use daily to focus on problem payers, and resolve bottlenecks and obstacles that delay payment.

Some of the features of the MEDIK Aged Receivable Trial Balance include:

  • Net Unbilled projects contractual reserves against unbilled receivables
  • Analytics to reconcile and roll Accounts Receivable from month-to-month
  • Multiple criteria to age receivables by Discharge Date, Bill Printed, Last Payment or Billed-Thru Date
  • Isolate Credit Balances cluttering the A/R and skewing the facility’s asset position
  • Filter Accounts Receivable for one insurance, one Financial Class or other metrics
  • Spreadsheet presentation of the Accounts Receivable includes the data elements Patient Account Managers and Chief Financial Officers require to slice-and-dice the Accounts Receivable
  • Express Accounts Receivable in detail, for all patient balances, or in a summary style for Executive Staff.

Aged Receivable Reports User Interface

The Medik Aged Receivable Reports User Interface

Example Aged Trial Balance

Aged Trial Balance Logik Solutions

MEDIK Client-Server Features

Multiple Billing Formats
Customizable billing formats assignable to each payer

Accounts Receivable Trial Balance
Summary or detailed aged receivable trial balances

Prior Authorization
Increases revenue, minimizes denials, and promotes efficient treatment planning. Learn about prior authorization.

Census Development
Increase occupancy with the right kind of patients. Learn about census development.

Transaction Reporting
Daily and periodic reporting of revenue and Accounts Receivable

Charge Generation
MEDIK charge posting is streamlined, sleek and efficient. Learn about charge generation.

Electronic Clearinghouse
MEDIK Clearinghouse services cut costs and quicken cash flow. Learn about our Electronic Clearinghouse options.

Online Demo