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Managed Health Care Explained FactoringClub

WebManaged health care is a healthcare delivery system designed to manage the cost, utilization, and quality of healthcare services. It has become a dominant

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Patient Account Explained FactoringClub

WebUnderstanding Patient Accounts. When it comes to healthcare, understanding the ins and outs of patient accounts is crucial. These accounts play a significant role in …

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Explained FactoringClub

WebMedical receivables factoring, also known as healthcare factoring, is a type of asset-based financing. It allows healthcare providers to sell their unpaid invoices or accounts …

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Current Procedural Terminology (CPT-4) Explained FactoringClub

WebThe Current Procedural Terminology (CPT-4) is an essential part of the healthcare industry, playing a crucial role in medical billing, insurance reimbursement, …

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Third-Party Healthcare Payers Explained FactoringClub

WebThey are referred to as ‘third-party’ because they are separate from the two primary parties involved in healthcare: the patient (first party) and the healthcare provider …

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HIPAA Explained FactoringClub

WebThe Health Insurance Portability and Accountability Act, commonly known as HIPAA, was enacted by the U.S. Congress in 1996. Its primary purpose is to protect the privacy and …

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Medical Billing Explained FactoringClub

WebMedical billing is a crucial component of healthcare services, acting as a bridge between healthcare providers and insurance companies. It involves the

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Patient Responsibility Explained FactoringClub

WebUnderstanding Patient Responsibility. In the complex world of healthcare, the term ‘patient responsibility’ is often used. But what exactly does it mean?

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Health Maintenance Organization (HMO) Explained FactoringClub

WebUnderstanding Health Maintenance Organizations (HMO) Health Maintenance Organizations, commonly known as HMOs, are a type of health insurance plan that …

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Healthcare Factoring Companies FactoringClub

WebA healthcare factoring company funds your insurance billings so that you don’t have to wait to collect payments from your insurance companies. Healthcare factoring companies …

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Co-Insurance Explained FactoringClub

WebUnderstanding Co-Insurance. Co-insurance is a term frequently used in the insurance industry, but it’s often misunderstood by policyholders. This article aims to shed light on …

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Healthcare Providers Explained FactoringClub

WebThe healthcare sector is a vast and complex field, encompassing a wide range of services provided by numerous professionals. These individuals and

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Healthcare Claim Write-Off Explained FactoringClub

WebA healthcare claim write-off, also known as a contractual adjustment, is a part of the healthcare billing process. It refers to the portion of the healthcare service charge that …

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Preferred Provider Organization (PPO) Explained FactoringClub

WebUnderstanding Preferred Provider Organization (PPO) The healthcare industry is filled with numerous terms and acronyms that can be confusing to the uninitiated.

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Medicaid Explained FactoringClub

WebUnderstanding Medicaid. Medicaid is a crucial part of the United States healthcare system, providing health coverage to millions of low-income adults, children, pregnant women, …

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Louisiana Factoring Companies FactoringClub

WebIn Louisiana, factoring companies serve a diverse range of industries. They are particularly prevalent in sectors where long payment terms are common, such as the oil and gas …

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Reasonable and Customary Fees Explained FactoringClub

WebReasonable and customary fees refer to the average cost of medical services in a specific geographical area. These fees are determined by insurance companies and are used as …

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Financing Accounts Receivables Explained FactoringClub

WebAccounts receivable financing is a type of asset-based lending arrangement where a company uses its accounts receivables as collateral for a loan. The total accounts …

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Accounts Receivable Explained FactoringClub

WebAccounts receivable is a vital aspect of a company’s financial health. It represents the amount of cash that a company can expect to receive from its customers in the near …

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