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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Medassist Recognized As Leading Provider of Revenue Cycle Management Services By Klas Survey
9 December 2009
Bad Debt Expense Up at For-Profit Hospitals
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Consumer Directed Health Plan Growth Could be Boost for Smaller, Local ARM Professionals
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Some States Continue Health Care Reform Efforts Despite Budget Deficits
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Equifax to Acquire IXI Corporation
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