Article # 6 (due 10-26) Essay Example | Topics and Well Written Essays - 250 words - 1

Article # 6 (due 10-26) - Essay Example According to Chris (2012) lack of basic patient information including the demographics of the patient, credit risk and the estimated price for the services leads to misrepresented bottom-Line financial results. To come up with an appropriate financial record, the health care provider has to come up with the collect payments and estimate costs. In relation to the financial affairs of the provider, it is difficult to charge the necessary costs on a patient if the patient information is wrong. Providing an appropriate bill for a patient and the appropriate treatment is difficult as a result of poor recording. Poor recording of patient information leads to misappropriation of bills and treatment records; this may cripple the operations of the organization due to the huge losses on the bottom-line financial records. According to the study works of Chris (2012) it is vital for the organization to record patient’s records appropriately to avoid getting appalling bottom-line financial