Improve collections at time of service during appointments

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Reference no: EM131464327

A clinic administrator is implementing a new point of service collections system to help improve collections at time of service during appointments. The patient will be asked to pay their co pays co insurance and deductibles prior to being seen by the physician. Ho will this revenue cycle change in the clinic impact the cash flow management? 1) Current assets will increase but point of service collections will decrease. 2) Current assets will decrease but point os service collections will increase. 3) Accounts receivable will dcrease but point of serice collections will increase. 4) Accounts receivalbe will decrease and point of service collections will decrease.

Reference no: EM131464327

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