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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Healthcare Sector sees HMA Warn on Results, Centene Delay Quarterly Numbers
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22 January 2008
Firms Can Include Retiree?s Medicaid Eligibility in Health Care Plan: EEOC
17 January 2008
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