Your summary report does not include other adjustments and they are not applied like a contract adjustment. this causes a huge book keeping error. This must show the amount to complete my books.
when the is does not show it looses money that will be used as write offs on taxes.
Not all adjustments are contract only. many are other such as time of service discount for cash patients. reductions for financial hardships, reduction for settlement of a bill with attorney or patient, having to write it off as bad debt. this needs to be corrected and I should not have to pay $150.00 or a fee for this to be corrected. please check with you book keeping expert to correct this.
The summary report should show everything you have listed in the payment section such as: patient payment, insurance payment, contract adjustment, secondary insurance payment, and other adjustment.
Please tell me this can be corrected, by CPA said this is a huge book keeping mess.
thanks
Ira Kirkpatrick DC

Dr. Kirkpatrick,

Which summary report specifically are you referring to?