Interesting Info
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 more ...
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