Medical receivables are the amounts owed by third-party payers to healthcare providers. The party owing the money can be commercial insurance companies, HMOs, Medicare and Medicaid, or patients (if there is an outstanding balance after insurance or another payer has paid its portion). Medical receivables are usually payable 60 to 120 days after service is rendered, though some reimbursements lag further behind, creating cash flow issues for healthcare providers, who typically need to pay expenses in a shorter time frame.
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West Asset Management Announces Purchase of Health Care Receivables Portfolio and New Cash Acceleration Program
12 September 2006
Amerinet Introduces Revenue Cycle Management Solutions
12 September 2006
State Attorney General Proposes Legislation to Curb Private Collection of Healthcare Debt
12 September 2006
State Aims to Curb Healthcare Collection Abuses
12 September 2006
Premium Asset Recovery Announces Purchase of $225 million in Healthcare Portfolios
12 September 2006
PracticeXpert Sells Transcription Business Unit; Focus Now on Medical Billing and Collections
12 September 2006
CBIZ Acquires Premier Regional Medical Accounts Receivable Management Firm
12 September 2006
CSI Financial Services Launches New Medical Debt Purchasing Company
12 September 2006
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