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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.

VIP guests celebrate new Medical Services of Chattanooga
Healthcare Revenue Management Services building with commemorative
Ribbon Cutting.

NACS Celebrates Seventh Office with Ribbon Cutting Ceremony

North American Credit Services and Medical Services of Chattanooga celebrated the grand opening of the 7th building on August 21st at the company’s headquarters in Chattanooga, Tennessee. The new $1.2 million expansion will provide over 10,000 square feet of office space along with the capacity for 115 new employees to join the company’s growing medical billing and receivables workforce.