The Managed Care Earned Revenue Report in Axxess Home Health now displays adjustments made during closed accounting periods. This enhancement provides a more accurate representation of earned revenue and facilitates compliance by ensuring financial adjustments are properly documented.

To generate the Managed Care Earned Revenue Report, navigate to the Report Center under the Reports tab. In the Billing/Financial Reports section, select Managed Care Earned Revenue Report (Completed Visit Method).

Reports tab ➜ Report Center ➜ Billing/Financial Reports ➜ Managed Care Earned Revenue Report (Completed Visit Method)

When the Closed Accounting feature is enabled in Company Setup, any changes to visits that occurred before the closed accounting date entered in Company Setup will appear on the Managed Care Earned Revenue Report under the Unbound Visits Total line.

Activities recorded in this section include:

• Deleted visits that were completed in a prior period

• Changes to billable and non-billable visits completed in a prior period

• Completed visit date changes between open and closed periods

• Visit status changes from Not Yet Started or Missed to Completed

For example, an organization has entered a closed accounting date of 3/31/23 in Company Setup. On 4/15/23, a user deleted a visit that was recorded as revenue on 3/15/23. The 3/15/23 visit will remain on the 3/15/23 Managed Care Earned Revenue Report and a negative visit will appear in the prior period section of the report on 4/15/23.

Updated on 03/13/2024