This article discusses the appropriateness of Medan Syfia Clinic’s
revenue cycle accounting information system (AIS). It is a for profit
health clinic and even though it is a service-based business it still has
the same concept of the revenue cycle as production-based
businesses. This is important because revenue related activities, sales
order entry, shipping, billing and cash collection, are the basis for the
AIS and there are equivalents for the health care system. Data and
Information entry is equivalent to sales entries. An additional activity
was added, patient examination and screening, to help with business
processes. Delivery waiting room is equivalent to shipment or work in
progress. Invoicing and drug preparation is equivalent to billing. Cash
receipt is the equivalent of cash collection. For this to be efficient a
computer-based AIS that will store, access and update data is
necessary so that reliable reports can be created for effective
business decisions and the risk of data processing errors mitigated
(Riva et. al, 2022). For this to happen it is important that there are
data processing integrity tools and that patient files are always up to
date. Furthermore, to minimize the threat of unauthorized disclosure
of information patient information release procedures have to be in
place and upheld. To mitigate risk of cash uncollectible patients with
bad credit have to flagged and tracked (Romney et. al ,2020).
References:
Riva Ubar Harahap, Nabilla Dwi Agintha, Iskandar Muda, Fahmi
Natigor Nasution. (2022). ACCOUNTING INFORMATION SYSTEM
RELATED TO THE REVENUE CYCLE IN HEALTHCARE AND
PHARMACEUTICAL SECTOR. Journal of Pharmaceutical Negative
Results, 4108–4113. https://doi.org/10.47750/pnr.2022.13.S07.515
Romney, M. B., Steinbart, P. J., Summers, S. L., & Wood, D. A. (2020).
Accounting Information Systems (15th ed.). Pearson Education (US).
https://bookshelf.vitalsource.com/books/9780135573082
