In a recent Business News Daily article discussing accounts receivable, it was mentioned that ‘Accounts receivable is the lifeblood of a business’s cash flow.’ Effective management of accounts receivable workflow ensures that businesses maintain a steady and reliable...
In the vast expanse of financial regulations, debt collection laws play a crucial role in ensuring both creditors and debtors are treated fairly. Whether you’re a business trying to retrieve owed funds or an individual looking for clarity on your rights,...
An analysis by the Kaiser Family Foundation released in 2022 revealed that roughly 41% of individuals, which equates to around 100 million adults, are presently dealing with debt related to medical expenses. The debt varies in amounts, with 16% facing bills under...
The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates debt collection practices to ensure that consumers are treated fairly and respectfully. For businesses involved in debt collection or those who outsource this process, a comprehensive...
In today’s rapidly evolving healthcare landscape, operational efficiency and financial health are more crucial than ever. One of the key drivers of a healthcare organization’s success lies in the effective management of its revenue cycle. Revenue...
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