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There are few bigger pains for healthcare industry professionals than having to wait 30, 60 or even 120 days to collect payments from insurance companies, HMOs and Medicare/Medicaid. The healthcare industry is riddled with complex billing, coding and processing rules that create very long payment cycles. This can be very difficult for medical offices, testing and diagnostic centers, medical supply companies, or any healthcare related business, for that matter. There are always many ongoing expenses that can't wait. There is rent that needs to be paid, offices expenses that need to be covered, and payroll that must be met. This situation creates a problem for most healthcare businesses. On paper, the business
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Bank of China opens private bank business in Geneva (AFP via Yahoo! News)
Bank of China on Friday said it has opened a private bank and institutional asset management arm in Switzerland, marking the group's first step in the private banking business abroad.
Fri, 28 Nov 2008 18:05:18 GMT

Bank of China opens private bank business in Geneva (TODAYonline)
A tourist films outside the Bank of China Tower in Hong Kong in October 2008. Bank of China on Friday said it has opened a private bank and institutional asset management arm in Switzerland, marking the group's first step in the private banking business abroad.
Fri, 28 Nov 2008 18:27:31 GMT



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