Difference between revisions of "Drug Tracking Payment Report Criteria"

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(Created page with "== Purpose == The Drug Tracking Payment Report is a revenue based report concerned with tracking payments received for services rendered that involved dispensing medications t...")
 
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== Purpose ==
 
== Purpose ==
 
The Drug Tracking Payment Report is a revenue based report concerned with tracking payments received for services rendered that involved dispensing medications to patients.  
 
The Drug Tracking Payment Report is a revenue based report concerned with tracking payments received for services rendered that involved dispensing medications to patients.  
 
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For example, administering injections to a patient. If the medical practice receives these medications from drug companies, only paying for them once dispensed, the practice will need to track when these medications are dispensed to patients.  
 
For example, administering injections to a patient. If the medical practice receives these medications from drug companies, only paying for them once dispensed, the practice will need to track when these medications are dispensed to patients.  
 
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If the practice then only pays for the medication once payment from insurance has been received, the practice needs to be able to track how much money has thus far been received for those medications tracked.  
 
If the practice then only pays for the medication once payment from insurance has been received, the practice needs to be able to track how much money has thus far been received for those medications tracked.  
 
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The Drug Tracking Payment Report satisfies both of these tracking needs.
 
The Drug Tracking Payment Report satisfies both of these tracking needs.

Revision as of 20:03, 1 October 2013

Purpose

The Drug Tracking Payment Report is a revenue based report concerned with tracking payments received for services rendered that involved dispensing medications to patients.
For example, administering injections to a patient. If the medical practice receives these medications from drug companies, only paying for them once dispensed, the practice will need to track when these medications are dispensed to patients.
If the practice then only pays for the medication once payment from insurance has been received, the practice needs to be able to track how much money has thus far been received for those medications tracked.
The Drug Tracking Payment Report satisfies both of these tracking needs.