What is the difference between posting to the patient ledger and posting to hospital accounting in Resolute?

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Multiple Choice

What is the difference between posting to the patient ledger and posting to hospital accounting in Resolute?

The main idea is that Resolute uses two levels of accounting: a patient-level subledger and the hospital’s general ledger. Posting to the patient ledger updates an individual patient’s account balance (the subledger for accounts receivable), which drives patient statements and the specific AR balance for that patient. Posting to hospital accounting updates the general ledger, reflecting the hospital’s overall financial activity—revenues, expenses, and other GL accounts—for organizational reporting. These postings must align so the patient-level AR matches what the hospital reports in the GL. In other words, charges and payments that affect a patient’s balance should also flow into AR and, in aggregate, into the GL, ensuring reconciliation between patient statements and the hospital’s financial statements. The other options miss this distinction: the patient ledger does not record hospital-wide expenses (that’s GL activity), there is a difference between the two records, and the patient ledger is not used solely for internal audit.

The main idea is that Resolute uses two levels of accounting: a patient-level subledger and the hospital’s general ledger. Posting to the patient ledger updates an individual patient’s account balance (the subledger for accounts receivable), which drives patient statements and the specific AR balance for that patient. Posting to hospital accounting updates the general ledger, reflecting the hospital’s overall financial activity—revenues, expenses, and other GL accounts—for organizational reporting.

These postings must align so the patient-level AR matches what the hospital reports in the GL. In other words, charges and payments that affect a patient’s balance should also flow into AR and, in aggregate, into the GL, ensuring reconciliation between patient statements and the hospital’s financial statements.

The other options miss this distinction: the patient ledger does not record hospital-wide expenses (that’s GL activity), there is a difference between the two records, and the patient ledger is not used solely for internal audit.

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