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.

hidden-jobs

Kentucky Governor Announces Expansion at Medical ARM Firm Frost-Arnett

Kentucky Governor Steve Beshear Tuesday announced Frost-Arnett plans to grow its operations in Campbellsville, Ky. Frost-Arnett, headquartered in Nashville, Tenn., an accounts receivable management company specializing in office solutions for health care organizations, will create 70 new full-time jobs and invest $620,000 to expand its Campbellsville facility (Taylor County).

software-upgrade

Phoenix Financial Services selects Ontario Systems Collection Software and Contact Savvy to Power New Agency

Ontario Systems, a leading receivables management technology and services provider, announced Phoenix Financial Services selected the company’s collection software package, including its Contact Savvy contact management solution, today to power medical and student loan collections across the entire Phoenix enterprise.