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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Executive Change: Al Franklin Promoted at Cymetrix
3 January 2007
Executive Change: Teresa DiMarco to COPC Inc.
19 December 2006
MedAptus Introduces Charge Capture Solution for Billing
19 December 2006
Hospitals Working to Ease Collection Policies
18 December 2006
IBM and Centene Put Medical Resources Online
18 December 2006
Hospital Companies Weighed Down by Bad Debt
18 December 2006
Triangle Orthopaedic Selects athenahealth's Practice Management Service
15 December 2006
Centene Loses Appeal Over Kansas Medicaid Contract
15 December 2006
Debt Buyers’ Growing Interest in Alternative Asset Classes
14 December 2006
Richard Gephardt Elected to Centene Corporation Board of Directors
14 December 2006
Colorado Signs $4.7 Million Healthcare Enrollment Contract with MAXIMUS
14 December 2006
UCLA Faculty Practice Group Selects MPV for Payor Contract Management
14 December 2006
Centene Corporation to Sell Missouri Health Plan Assets to HealthCare USA
14 December 2006
New Resource Introduced For Dental Office Managers
11 December 2006
Department of Defense Awards Healthcare Billing Contract to Unisys
8 December 2006
ACF Medical Services Purchases $250 million in Receivables from Four Healthcare Systems
8 December 2006
Trintech Group Announces Acquisition of the Health Care Business and Assets of Concuity, Inc.
8 December 2006
MAXIMUS Awarded $73.7 Million New York Health Care Rebid
8 December 2006
McKesson Purchase of Per-Se Gets Antitrust OK
8 December 2006
Commission Report Recommends Closing Many New York Hospitals
8 December 2006