About Revenue and Expense report

Path: Reports > Financial > Revenue and Expense

With the multi-Business Unit Revenue and Expense report, you can preview and print your agency's revenue and expense information for a specific reporting period. Each page of the report is divided into two sections:

• Revenue and Expense report - Part 1 Revenue
• Revenue and Expense report - Part 2 Direct Expenses

The report analyzes the revenue and expenses associated with each patient.

• Billable services are sorted by payer for all report modes.
• Billable bereavement services appear on a separate page from the nonbillable services.
• When the report processes a mode and uses date-sensitive patient information, such as patient class or pay source, changes to that mode determine the period for revenue and expense reporting for that particular mode.
• The report also includes supplies that are used as the evaluation or re-evaluation activities.
• To open the Drill- Down page in a separate window, click any line that has an evaluation or re-evaluation supply name.
• For summarized services, the parameters of the first service provided are displayed in the report; however, the total actual number of visits or days provided is shown. 
• For the closed claim cycles mode, the total amounts match the totals on the Billing Register and the Accounts Receivable reports if the LUPA amounts from the Accounts Receivable report are included in the total Revenue section.
• You can run this report for a single business unit or multiple business units. The report for multiple business units provides two additional capabilities:
  • Consolidation of financial information across multiple business units with optional breakdown by branch and region.
  • Consolidation reporting on the entire billing structure including insurance type, code, company, plan, and the new plan level.

• In a report for more than one business unit, the application prints a detail page for each item at the lowest level.

  • For example, if you print the report for a region, business unit, branch, and patient class, then the patient class is the lowest level.

    • Each patient class that is included in the report has a separate detail page.

    • Region, business unit, and branch are all higher levels, and the report prints a subtotal page for each of these higher levels.

    • Finally, the report includes a summary page with the grand total for all levels.

  • The first page of the report includes the exact consolidation and selection criteria that were specified for the report, so that you can determine the billing breakdown.

• Note: This report is also used for the EPS payers. For details, see About Episodic reports.