Use AVImark to track your dollars and cents
It's time to make your New Year's Resolution! And the best place to start is with a snapshot of last year's productivity.
AVImark's reports help you view multiple aspects of your business, helping you better understand your transactions during 2009. Some great reporting options include:
• The Period Totals Report shows a condensed financial overview. Different aspects of
the year are represented in this report, such as average invoice total for specific time
periods, state and local taxes, total payments received by type, and the totals for the
provider's production (paid and unpaid charges on posted accounting).
• The Inventory Report shows stock value which is the on-hand quantity
multiplied by the average cost of an item. To find the value at the end of the year, print the
inventory report at either the close of business on the last working day of the year or the
beginning of business on the first working day of the New Year. (You can't go back and
print this report for a date in the past, as AVImark does not store past on-hand quantities.)
This report also shows other information about your inventory items, including unit and
package costs and selling price. If your fiscal year does not follow the calendar, you can
select your fiscal year starting date in the Advanced Options of Hospital Setup.
• The Transaction Summary Report lists quantitative data about the codes that are
entered into medical history and then posted to accounting. Details such as income
generated, usage, expense, and the percentage that each code contributed to its category
total can be located on this report.
As your trusted partner, committed to your success, we want to help you use these reports
so you can develop a better understanding of where you have been, where you stand and
where you want to go.
Please contact technical support for any assistance or additional questions.
Barbara Betsch is an AVImark/MPS senior technician at MSS and is full of resolutions for 2010. You can reach Barbara at
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