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OfficeMate Reports Do Not Match Business Insights Dashboard, Powered by The EDGE

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Abstract:

The revenue and exam numbers in the business insights dashboard, powered by THE EDGE®, will be different than the numbers in your OfficeMate reports. Both are right, though. They are two different (yet similar) ways to look at your business.The EDGE presents net transactional results. The EDGE is not an accounting or ledger system that tracks billings/accounts receivables based on inflated prices that are written off, as this information is not the net true result. The EDGE reports the net true results that represent what the patient has paid and what has been "received" by third party payers. Hence, there are no write offs and all the numbers in The EDGE represent the final net results of each transaction. This gives you the ability to make the best business decisions based on actual results in real time. With The EDGE Global Settings, you are able to track and define the types of examinations and professional services that you provide in several ways, as not everyone follows the same routines of care. Upon completion of this very quick and easy-to-use system, The EDGE will then track revenue in comparison to refractions as defined by you.


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