Medical Receipts: What Are They?

Generally, a receipt is a document that acknowledges something (with value) has been transferred from a customer to a business. Aside from that, a receipt is essential for this reason: For example, a retailer demands that a customer must show an official receipt in exchanging or returning items. The same way goes when producing a receipt for product warranty purposes. Meanwhile, hospitals issue medical receipts to a patient to give a detailed report of the services they have received and their corresponding amounts after the costs have been paid.

One report published by Beckers Hospital Review found out that the hospital admission rate has increased 125.9% since 1946 with 15.6 million people confined that year. By 2013, 35.4 million were admitted.

The Different Elements of a Medical Receipt

Every hospital uses medical receipts to be given to a patient to provide a detailed breakdown of the costs they incurred from healthcare services. For this reason, each medical receipt is different from one another depending on who uses them and what they are for. So, before your attempt to make a medical receipt, it is helpful to be accustomed to its different elements. Below is a list of what should your medical receipt include.

Title: The title plays an important role in making your receipt easily recognizable. When there is a pile of paperwork on your desk, chances are, you might confuse a bill or an invoice from a receipt. Add a title to your medical receipt to avoid interchanging forms. To make it stand out, place the title on the topmost part of the receipt. Ensure it is written in bold font style so that it catches the attention of the person reading it. Near the title, place the hospital’s logo and other recognizable symbols. This will establish ownership over the medical receipt.Hospital Details: After your receipt’s title, the hospital details must come next. Indicating the name of the hospital where the receipt is from gives the patient an idea of what the document is about. These details may include as follows: hospital name, complete address, and telephone number. If you can provide an email, much better. Moreover, providing the hospital details help a patient with their inquiries about their bills and how to make payments.Patient Details: Next to hospital details, the patient details should be put in place in the receipt. This information belongs to the person who received the services, and most of the time, the same person will make the payment. The receipt gives them a breakdown down of each service cost. It includes basics information such as name, age, birthday, complete address, contact information, hospital history, health insurance, and other relevant details.Cost of Admission: This section is the most crucial part of the medical receipt because it contains the paid amount by the patient. The costs of admission are places in the body of the receipt, neatly organized using a table or chart. Some data you will find in the table is a list of services, medication, and treatment given to the patient, the time and date of the admission, and the costs of the admission period. You should get the numbers right to avoid miscalculation.

How to Make a Medical Receipt Using a Template

There is no one way in terms of making official receipts. Anyone can start from scratch if they want to create a new format. But, we will make it even convenient on your part. The best way to complete your medical receipt is with the help of a template. Follow the steps in the list below to guide you in the receipt-making task.

Step 1: Download a Template

Making a cash receipt is easier than you think. How much more if you use a template? The most convenient way to complete any receipt is with a template. Have you checked our collection of ready-made templates above? If not, now is the best time to download a receipt template.

Step 2: Access an Editing Tool

In case you did not know, you can use an editing tool to modify your template. Say bye to manual writing because you will complete your receipt form in just a few clicks. Press the download button and the template will be stored on your device. Next is to open an editing tool on your computer or smartphone. Make sure your editing tool is compatible with your template’s file format. Otherwise, you will have a tough time working on it.

Step 3: Customize Your Template

To begin customizing, import your chosen template on the editing tool. Once the template has been downloaded this part is so much easier. If it is a challenge to modify the stencil, refer to the list of elements above. Then, add them to your business receipt. If can think of any other relevant elements, include them as well.

Step 4: Consider Going Digital

Digital receipts have been around in a while now since the advent of smartphones and high-end computers. You can do this too using some of your personal devices if there are any. Yet, you can produce a printed copy of the medical receipt so that it is easier for the patients to keep a record.

FAQs

How many people are admitted to hospitals each year?

According to the Beckers Hospital, the hospital admission rate has increased 125.9% since 1946 with 15.6 million people confined that year. By 2013, 35.4 million were admitted.

What are the different types of receipts?

  • Sales Receipt
  • Monthly Rent Receipt
  • Rental Receipt
  • Insurance Receipt
  • Restaurant Receipt
  • Loan Receipt

When to use a receipt?

Every transaction that involves a transfer of something valuable should require a receipt. This will document that transaction. The service receipt also serves as proof of the transaction made.

Receipts play a vital role other than tracking sales and documenting transactions. It is also used so that you won’t be overcharged for the services you get. For more tips and tricks in making documents using templates, visit our website today. There, you will discover a collection of ready-made stencils suitable for every need business-related or nor.