Be a Deductible Genius with eTHOMAS Cycle Statements

At the beginning of the year, when new annual client deductibles hit, catching and sending the large, patient transfer balances can be overwhelming. To help combat this deductible landslide, Genius has given you a secret weapon- the Cycle Statement (you must be on eTHOMAS version 9.5.24 to have this feature available).


How does this help? Most offices send out patient statements at the beginning of the month, then notice that they have transferred a lot more money to patient balances after those statements were sent. Now you can do "cycle statements" in the middle of the month. Cycle Statements will ONLY prepare for patients who have had new activity posted to their account since their last statement. This includes charges, payments, transfer balances, debits, and credits. This allows you to notify your patients of their updated balances sooner, without sending a duplicate statement to patients with no new activity. Using cycle statements can save your patients confusion and frustration while freeing up office time from you answering those duplicate questions.


Voilà you're now a deductible genius!

End of Year Care for THOMAS & 1st Friday call for December 2016

Some ideas for you before you post any charges for 2017:

• Complete all posting of payments and charges that you have received up until 12/31/2010. Do not post 2011 information until this is completed.
• Run all the reports your accountant wants for year end. Ask the CPA now if they have all the documentation they need BEFORE you post next year's stuff.

Navicure Live Webinar: 5 Ways to Improve Your Revenue Cycle Team

Live Webinar: 5 Ways to Improve Your Revenue Cycle Team

Thursday, August 18 | 1:00 pm – 2:00 pm EDT

Earn 1.0 CEU* for attending the live event.

Is your revenue cycle team helping or hurting your organization’s financial success? In a complimentary webinar sponsored by Navicure®, learn how staff empowerment can improve your organization’s financial health.

Get all the details by attending a live webinar on Thursday, August 18th at 1 pm EDT/10 am PDT: 5 Ways to Improve Your Revenue Cycle Team.

During this one-hour webinar, you’ll hear industry expert Ginny Shipp, discuss how to:

• Provide your staff with the revenue cycle information they need to be successful
• Effectively communicate with patients, insurance companies, and co-workers (including peers, management, and clinical staff)
• Establish a clear financial policy
• Manage change

Participants can earn 1.0 Continuing Education Unit (CEU) from the AAPC by attending the live webinar.*

Register for this live webinar today!

About the Speaker

Ginny Shipp has over 25 years of experience in the healthcare industry, including building a successful medical billing company, practice management, and practice consulting. She is best known for creating effective workflow processes to create operational efficiencies. She is also a certified coach who works with physicians and administrative staff to become more effective leaders who can maintain a high level of patient care and increase practice revenue. Billing cycle development, reimbursement strategies, and effective use of technology, in addition to streamlining workflow, are among the most critical areas on which Ginny focuses with each practice.