The management of nursing home collections is an important part of any organization’s policy and procedure. The collection process must be designed in such a way that it meets the needs of both the institution and its residents.
Nursing home residents often have limited mobility, which can make it difficult for them to access their collections. This can lead to valuable items being overlooked or abandoned. It is therefore important to create a system that allows for easy access to all collections. You can also get more info about nursing facility collections.
In order to keep collections organized and accessible, it is necessary to establish specific guidelines for the handling and storage of items. Guidelines should also be in place for the sale of collections so that proceeds are used appropriately and no funds are lost due to fraud or abuse.
Managing nursing home collections is an important task that requires careful planning and implementation. The best approach will depend on the individual nursing home and its particular collection policies. However, following these guidelines will help ensure that valuable items are properly handled and accessible to all patients/residents.
Stop emphasizing the payment that has passed with a collection of SNF business offices and clean your receivables forever!