Patent ID: 7305359
Filing Date: 2007-12-04
Classification: G06Q

Abstract:
1. A method of automatic cash accounting for use in a hospital, comprising the activities of: receiving, via a message processor first message data including a first income amount total value, representing cash income received during a first time period, and an associated first income source identifier identifying one of a plurality of departments internal to said hospital providing said associated first income amount total value; receiving, via said message processor, second message data identifying medical insurance reimbursement income amounts received for services rendered to multiple patients during said first time period; and automatically processing, via a data processor, said first and second received message data by, identifying an income account associated with said one of said departments based on said first income source identifier, and for updating said identified income account with said first income amount total value to indicate said first income amount total value received by said identified income account during said first time period, collating and combining data representing total values from a plurality of income accounts to provide a first income amount cumulative total value representing combined cash income total value for all of said departments during said first time period and combining said reimbursement income amounts with said cash total value for said departments during said first time period to provide a total amount, and creating a financial statement record using said total amount during said first time period.