Why is Account Receivable Outsourcing an Ideal Solution for Medical Practices?
Medical practices frequently struggle to handle their accounts receivables (AR) successfully. This problem results in lengthy AR days, a lack of cash flow, and high rates of bad debt, all of which can negatively impact their business. Despite the time and...
Understanding the Difference Between Healthcare Payers and Providers
With the advancements in the healthcare system, people are finding it progressively difficult to keep up with the industrial changes. From staying informed about industry-specific jargon, codes, and business names to being aware of the constant changes in government...
What Lenders Must Know About Rising Auto Loan Delinquencies
Auto loan delinquencies in the United States are on the rise, reaching levels not seen in over a decade. Recent data from the Federal Reserve Bank of New York indicates that 7.7% of car loans transitioned into delinquency in the fourth quarter of 2023, marking the...
What is Accounts Receivables: Impact on Your Business
Accounts receivables (AR) are essential for a business’s financial health. They refer to the money customers owe for products or services that have been provided but not yet paid for. In many business organizations, delivering goods or services without collecting...
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