Which document is crucial for tracking unpaid claims and payments from patients?

The Accounts Receivable Aging Report is essential for tracking unpaid claims and payments from patients because it provides a detailed overview of all outstanding accounts receivable within a healthcare facility. This report categorizes unpaid claims based on how long they have been outstanding, typically by aging them into specific timeframes such as 0-30 days, 31-60 days, 61-90 days, and beyond.

By analyzing this report, healthcare providers can identify which claims need follow-up, prioritize collection efforts, and ensure that overdue accounts are addressed promptly. It serves as a valuable tool for revenue cycle management, enabling organizations to maintain cash flow and assess the efficiency of their billing practices.

In contrast, the other options serve different purposes: the Payment Processing Report focuses on documenting payments made rather than tracking claims; the Billing Statement outlines what a patient owes and itemizes their charges but does not provide a comprehensive view of all unpaid claims; and the Claim Submission Report details claims that have been submitted but does not track their payment status. Thus, the Accounts Receivable Aging Report is the most effective resource for managing and monitoring unpaid claims and payments from patients.