Medical Receivables Feed Link

Medical Receivables

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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Optio Solutions Takes a Stand on Debt Collection Compliance, Starts Best-in-Class TECH LOCK Certified and Adds HITRUST

In order to validate compliance with consumer data protection, Protected Health Information (PHI), Personally Identifiable Information (PII) or Non-Public Personal Information (NPI), etc., Optio Solutions has contracted with the ARM Industry-leading holistic practitioner TECH LOCK® to become TECH LOCK® Certified.