Running Head: CALIFORNIA SUTTER HEALTH ANALYSIS1California Sutter Health AnalysisArkisha RobinsonACC281: Accounting Concepts for Healthcare ProfessionalsInstructor: John IstvanOctober 24, 2018
Running Head: CALIFORNIA SUTTER HEALTH ANALYSISCalifornia Sutter Health AnalysisSutter Health was inspired by their Northern California community, this inspired them to deliver excellent affordable healthcare. Sutter Health teams works very hard to find new ways to provide meaningful care to the community and their love ones. They want the community to live a healthier, long, and happy life. Sutter Health is a non-for-profit community-based health care system that is based out of Sacramento, California. The health care system is there to assists patients, and their families. The health care provider provides resources and they share their knowledge, to help expand and develop the health care quality. The non-for-profit system starts a boundary in order to create a revenue collection for the health care services, this will gather from the patient’s self-pay. The payment processing structure had areas that was weak, that deferred the dynamic revenue of the health care facility. The limits are due to the absence of the availability of the correct data in the accounts. The Patient Financial Services staff was not able to get the real-time information that would be helpful in the financial and operational indicators of the health care facilities. There were ineffective performance measures that was within the healthcare facilities. The center of service was established not up to standard, and it was irregular. There was also issues with the collections. For Sutter Healthcare to address these restrictions, they had to come up with a system. In this paper, I will discuss the critical issues, and the facts. It will address the different ways to handle the issues. The health care industries in the United States collections of revenue allows them to get paid up front from self-pay patients, which allows this collection of revenue to be huge. Health insurance cause it to be a problem with collections that are paid upfront. The deductibles and co-
Running Head: CALIFORNIA SUTTER HEALTH ANALYSISpayments are high when it comes to medical insurance. This has caused a major problem, there are so many people in The United States who are without health care insurance do to these issues. Being that these two issues are so huge, it has caused health care facility to collect upfrontinstead of dealing with if after care has been rendered. The health care payment structure is so outdated that it is not able to meet the set of goalsfor the collection of revenue. There are numerous disadvantages in the processing system. The payments that are upfront payments includes the fee for services, this needs to take place before the services is given. It is the responsibility of the Patient Financial Services personnel, to make sure that the data of the patient is correct. It was a bit much for the old way of making payment arrangement, because the patient information was handled at the end of service.