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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AdvancedMD Attains Gold Certified Status in Microsoft Partner Program
22 May 2007
Fitch: Consolidation Amidst Continued Industry Challenges for U.S. Hospitals
22 May 2007
Fitch Publishes U.S. Health Care Regulatory & Legislative Update
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Survey Finds U.S. Health Security Anxiety
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