Money Collected Report

Money Collected Report

The Money Collected Report provides an overview of money collected by each provider or all provider at your practice, including money collected from cash and insurance patients, from services, supplements, supplies, and non-billable items for a selected date range. The money or payment received report is based on the actual payment dates. So there can be a payment which can be from a visit which is not there in the date range specified.
Notes: 

1. If you are generating this report for a specific provider, the report might not be completely accurate as the money received from patients as credits are not recorded at the provider level.
2. Money invoiced is based on the visits in the date range.
3. Money received is based on the payments received in the date range. The payments received can be for visits not in the date range.
4. Patient credits and membership payments are not included in Provider specific report. Please select "All" providers if you want patient credits and membership payments to be included in the report.

Why you need it?

Use this report to get a quick view of the total money collected at your practice and check the financial health of your facility.


1. To get started, login to your account at https://www.zhealthehr.com.

Once you’re logged in, you will see your name at the top right corner.

Hover the cursor over to your name. A drop-down menu will open.



2. From the dropdown list, click on the 8th option - Reports.



3. On the Reports window, scroll down to the Payment Reports section. Click on the Money Collected Report option. A pop-up window will open.



4. Enter the following details to generate the Money Collected Report:

a. Select the
date range
b. Select the
provider from the dropdown menu or select 'All'.
c. Click '
Generate Report'.


5. This is how the Money Collected Report will look.






Column Field Descriptions:

Field Name



Description



Report generated for



The name of the provider is shown here or if the report is generated for the entire facility, then "All" indicates all providers in your practice. Note: Credits and memberships will only show under "All" since they are not provider specific or added to an invoice under a providers name.



Date range



The date range selected for generating this report.



Total money invoiced before applying adjustments/discounts*



The total money invoiced before applying any adjustments/discounts for visits (DOS) in the date range selected.



Total money billed (after adjustments)



The dollar amount of billed invoices (DOS) in the selected date range for a selected or all providers after any adjustments/discounts are made.


Total money received*



The total dollar amount received by your practice in the selected date range. This is made up of 1) Money Received from Cash Patients, 2) Money Received from Insurance Patients, and 3) Money received from Membership Payments.

Note: *Money received is based on the payments received in the date range. The payments received can be for visits not in the date range.


Money received from Cash Patients



The total dollar amount collected from cash patients in your practice



Money received from Insurance Patients***



The total dollar amount collected from insurance patients in your practice. ***Note: This includes patient and insurance payments.



Money received from Patients




The total dollar amount collected from all patients in your practice. This will break down how the money was paid by both payment type and amount received (this includes credits as well).


 Money Received as Patient Credit
 This column indicates the total money received by all/specific provider from patients as credit. It happens when patients overpay an invoice.
 Money Received as Membership Payments
The total dollar amount collected as membership payments.
Adjustments/Discounts/Write-offs***
An adjustment is a write-off in the system, typically added for insurance invoices. If for example, the insurance payer did not pay the full amount, you can add an adjustment to write off the difference. Note: ****An adjustment may also be used for non-insurance reasons, such as if the patient was not able to pay the full amount.
 Money invoiced for Services

 The total dollar amount invoiced for all services provided to patients in the selected date range


Money invoiced for Retail


The total dollar amount invoiced for non-CPT items, such as Supplements, Supplies, or Misc Items, in the selected date range



Money invoiced for Sales Tax



The total dollar amount invoiced as a sales tax in the selected date range



Taxable Money Invoiced



The total number of taxable money invoiced in the selected date range



Supplements



The total number of taxable supplements invoiced in the selected date range



Supplies



The total number of taxable supplies invoiced in the selected date range



Non-Billable Treatment Procedure Supplies



The total number of non-taxable treatment procedure supplies invoiced in the selected date range



Non-Taxable Money Invoiced



The total number of non-taxable money invoiced in the selected date range



Supplements



The total number of non-taxable supplements invoiced in the selected date range



Supplies



The total number of non-taxable supplies invoiced in the selected date range



Non-Billable Treatment Procedure Supplies



The total number of non-taxable treatment procedure supplies invoiced in the selected date range



Money received from Insurance



This area shows a breakdown of insurance company names and money received from each of these insurance companies



For additional help finding a report or data you are looking for, try our 'Reporting Matrix'.


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