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For many practices, healthcare collection is proving to be a major challenge. Medical claim reimbursements are more difficult to obtain than ever before. The top challenge, according to 83% of small practice physicians, is that patients with high-deductible plans are slow to pay. The second most common challenge is practice employees are struggling to communicate payment accountability to patients. If your practice is suffering in this way, here are four ways to tackle the challenges you face.

Triple check your risk management strategies to avoid a breach

There’s no shortage of instances of security breaches where customer data is accessed or exposed. It seems like you can’t go one week without learning of a new breach somewhere across the country.

When it comes to the accounts receivable management (ARM) industry – what are the key mistakes that are regularly made? There are three main issues that lie at the heart of many problems. Here, we take a look at what these issues are and how to avoid them.

While collecting accounts receivable is hard work, no one can overstate the importance of timely collections. Sooner is much better than later to pursue unpaid debt, as shown in the following graph.

While collecting accounts receivable is hard work, no one can overstate the importance of timely collections. Sooner is much better than later to pursue unpaid debt, as shown in the following graph.

For those in the Accounts Receivable Management (ARM), Property Management, Healthcare and Financial Services industries, payment technology trends mean change is on the horizon. Savvy startups and medium-sized businesses can leverage emerging payment technology to level the playing field with their enterprise-level competition.