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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The Outsource Group Acquires Health Care Legal Services

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MedAssist Founder Retires from Firstsource as Eligibility Outsourcing Market Set to Expand

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Columbia Ultimate Announces ManageMed 4.0 for Healthcare Collections

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Associated Billing Services Renews Extensive Agreement with A-Life Medical

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Executive Change: Sensibill Welcomes System Administrator to the Team

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Executive Change: CSI Financial Services Promotes Jeff Stallings to VP, Regional Sales Manager

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ARM Professionals Share Thoughts on Health Care Reform Impact

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Executive Change: Brian J. Wasilewski Appointed CEO of HBCS

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AHA Seeks Changes to IRS Form Detailing Charity Care, Debt Collection Practices

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Apollo Health Street to Provide Accounts Receivable Management for St. Mary?s Health System of Evansville, Indiana

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Ontario Systems Announces Strategic Alliance with State Collection Service, Inc.

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Maxwell, Turner & Associates Expands Medical Collections Department

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MedAssets Inks Agreement for National Hospice Provider to Implement its Revenue Cycle Management Solutions

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Concuity Wins New Revenue Cycle Management Customer With ClearContracts

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