All receivables of the Hospitals from individuals and organizations
should be recorded in this series of G/L accounts. Reserve accounts
to reflect the net collectible valuation of the receivables are
also included in this series.
Specific procedures should be established to provide adequate
internal control and to insure that these accounts reflect the
net realizable receivables of the Hospitals. Refer to GAP
200.035,
Accounts Receivable Control Procedures for more information.
131000 Intermediate Term Investment Pool Part(Valid For: Investment Office Only )
Represents the amount invested in the University's intermediate term investment pool. The intermediate term investment pool invests principally in fixed income securities rated as investment grade or higher.
131003 Intermediate Term Investment Pool Part(Valid For: Investment Office Only )
132000 Institutional Reinvestment Account Deposits(Valid For: Investment Office Only )
Represents the amount invested in the University's Institutional Reinvestment Account (IRA). The IRA provides a yield to the funds invested based on a benchmark. The yield currently is 110% of the benchmark, the 30-day U.S. Treasury Bill.
Represents receivables for services rendered by Duke Hospital to all inpatients, staff outpatients, emergency room patients and patients of the Private Diagnostic Clinics.
Represents receivables resulting from checks returned by the bank. This account is used as a clearing account - returned items are subsequently recharged to the patient's ledger (G/L account 133000) or charged against one of the reserves for doubtful accounts.
133801 Patient Returned Check Clearing(Valid For: DUHS)
133900 Patient Revenue/Receipts in Transit(Valid For: Univ)
Represents amounts received by Duke Hospital that are in the process of being refunded to the appropriate party.
Represents a clearing account for the deposit of Medicare Periodic Interim Payment (PIP) receipts. As remittance advice are received, specific amounts are transferred from this account to G/L account 133000 when credits are applied to individual patient ledgers.
134200 Unapplied Receipts/Medicaid Including Title V(Valid For: Closed)
This is a temporary holding account to which all cash receipts from the North Carolina Department of Human Resources for the North Carolina Medicaid and Title V programs are initially credited when cash is deposited. The account is debited when the appropriate remittance advice from the North Carolina Department of Human Resources is received.
Represents a clearing account for the deposit of receipts which cannot be immediately posted to a patient's account; specific amounts are transferred from this account to G/L account 133000 when credits are applied to individual patient ledgers.
Account used to post all receipts for Duke University Hospital. Primarily to help DUH reconcile.
134315 DIM Unapplied Cash(Valid For: DUHS)
To record unapplied cash activity for Duke Center for Integrative Medicine.
134318 DFC Unapplied Cash(Valid For: DUHS)
To record unapplied cash activity for Duke Diet and Fitness Center.
134400 Medicare Claims Made Receipts(Valid For: Closed)
Represents amounts received for the deposit of Medicare Claims Made receipts.
134500 Lag in Revenue Adjustments/Private Inpatients(Valid For: DUHS)
134501 Lag in Revenue Adjustments: Outreach(Valid For: DUHS)
134503 Lag in Revenue Adjustment: DRHC(Valid For: Closed)
134600 Lag in Revenue Adjustments/Staff Inpatients(Valid For: DUHS)
134700 Lag in Revenue Adjustments/Staff Outpatients(Valid For: DUHS)
134800 Lag in Revenue Adjustments/Emergency Room(Valid For: DUHS)
Represent reserves established, as partial offsets to G/L account 133000 (patient receivables) to reflect subsequent adjustments which will be necessary depending upon financial support received from various sponsoring agencies (excluding Medicare).
Represents a reserve established, as a partial offset to G/L account 133300, to reflect disputed amounts included in reports of reimbursable costs under the Medicare (Title XVIII) program.
135200 Cost Settlement Title V(Valid For: DUHS)
Represents a reserve established, as a partial offset to G/L account 133400, to reflect disputed amounts included in reports of reimbursable costs under the Title V program.
135300 Cost Settlement Medicaid(Valid For: DUHS)
Represents a reserve established, as a partial offset to G/L account 133500, to reflect disputed amounts included in reports of reimbursable costs under the Medicaid (Title XIX) program.
135400 Bad Debt Recoveries(Valid For: DUHS)
Represents a debit to the allowance accounts for recording recoveries.
Represent reserves established, as partial offsets to G/L account 133000, for patient receivables doubtful of collection to reflect the net collectible valuation of these receivables.
Represents receivables due from other hospitals or outside organizations resulting from tissue-typing services, kidney preservation, or sale of Duke-procured organs.
Represents receivables from other hospitals and medical facilities which have received services rendered to them by Duke Hospital and Departmental Laboratories.
136900 Other Non-Patient Accounts Receivable(Valid For: DUHS, Univ)
Represents other receivables due to the Hospital for which a specific account has not been established elsewhere in this series.
137500 Allowance for Charity Care (Inpatient)(Valid For: DUHS)
137501 Allowance for Charity Care (Outpatient)(Valid For: DUHS)
