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The CAMS Ticket - Your New Cash Reconciliation Work Driver

August 10, 2021

Spreadsheet after spreadsheet after spreadsheet…healthcare providers across the country struggle to keep up with Cash Posting, Accounting, Balancing, Auditing, and Reporting. Coordinating tracking methods across various departments and facilities, and consolidating that reporting in one place, pushes traditional spreadsheet based software beyond its limits.

CAMS provides the solution by delivering a workflow built around your needs, bringing the bank transaction, patient accounting system transactions, and general ledger activity together into one workflow: The CAMS Ticket.

Each CAMS Ticket represents an individual bank transaction. This is the core principle that makes the CAMS workflow so effective - every patient accounting system transaction, general ledger posting, and remittance points directly back to the real cash in the bank, making sure that your reconciliation is rock solid down to the most fundamental level of granularity.

Our powerful auto-reconciliation engine is able to complete over 90% of the reconciliation of transactions back to bank deposits, while ensuring that the correct general ledger activity underlies those auto-reconciled transactions.

In addition to a high-integrity auto-reconciliation process, the CAMS Ticket workflow provides powerful tools to users for manual research and follow-up. From remittance matching and display, custom remittance/patient control number (“PCN”) logic, assistance with tough issues like provider level balance (“PLB”) adjustment posting, and the ability to generate general ledger entries at the payment level all from this one application, CAMS gives your users the tools to bring it home with manual reconciliation to make sure every dollar is posted and accounted for.