Albina Muro’s Updates

Record of expenses and income with Clinic Cloud

The main functions of Zee Medical Billing are those that refer to the health control of patients, however, along with these, our medical management software includes other functions, also fundamental for the organization of a health center. Among the financial tools, it is worth highlighting the module for recording expenses and income, a financial space and Medical Billing Services dedicated to the organization of payments, and that will allow you to analyze the financial status of your clinic in just a glance.

 

The Clinic Cloud income and expense record allows you to write down each of your financial movements, whether it refers to payments to professionals or providers, as well as each of your income generated by your medical services. The objective is to help you establish a financial control method that allows you to easily record each of the economic movements generated by your company, with the advantage of being able to directly export all this information to your agency, whenever you need it.

 

Record of expenses of your clinic

Usually, most of the expenses of a health center are motivated by two causes:

  • Payroll payment: The payment of payroll to health personnel, as well as the payroll of non-health personnel who work in our company will represent a high percentage of our expenses. It is essential to have a specialized tool to control the payment of salaries to professionals, which we can also update whenever we need it.
  • Payments to suppliers: The second major investment that we are going to carry out is payments to suppliers. A health clinic will generate a series of expenses related to material, medicines, protection elements, etc., usually provided by suppliers. These payments must also be controlled month by month, both for financial management and to determine the available stocks of each product.

In addition to these, there are many expenses that a health company can have, and that we must conveniently reflect in an expense and income account.

 

Business income registration

The income record is as important as the expense record. A private health clinic must control each of its patients' payments, whether direct or derived, in order to have rigorous cash management that is capable of accurately reflecting the current financial status of the clinic.

 

Depending on the origin of the payment, we usually distinguish between two types of income.

  • Direct patient payments: Patient payments are those made directly by patients after receiving a medical service. In this case, it is the person attended to who makes the payment to our clinic.
  • Derivative payments: Derivative payments are those that are not made directly by the people served, but come from third parties, such as insurance companies, mutual, etc.

Beyond the payments of patients and insurance companies, there are many other payers that can be part of the balance of a health clinic, in Clinic Cloud you have a specific tool, in which you can organize each of the charges that you carry out, reflecting all your income in a simple and immediate way.

 

Balance of expenses and income with Clinic Cloud

Finally, the record of expenses and income of a medical health clinic is what will define its financial capacity. It is very important that this record is correct, and therefore, fully reflects the economic reality of the company, through a digital support such as Clinic Cloud we can immediately write down each of the entries that are part of the balance sheet, and therefore make every expense and every charge clear.

One of the main advantages of the Clinic Cloud cashier function is that you do not need an attached management module for your accounts, with Clinic Cloud you can send your balance directly to the agency you usually work with, without having to modify any record,

 

Security and privacy in your clinic accounts

When we talk about financial modules, we must bear in mind that these types of records store confidential information of the company, in fact, each of its economic activities is reflected in this record, therefore, it is a confidential document, which only allows you it concerns the company itself and its managers.