Medical Account Receivables

Are Your Accounts Receivables Going in the Wrong Direction?

By Raul Neyra / December 20, 2021 / 0 Comments

Reading Time: 3 minutes A recent MGMA poll, asking “How have your days in A/R changed in 2021?”, found that 49% of respondents said their time in A/R has increased in 2021. Thirty-seven percent (37%) said they stayed the same, but is that good? Only 15% said that it had decreased. It is well known that the longer a […]

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Price Transparency in Healthcare

Price Transparency in Healthcare – What Does it Mean?

By Raul Neyra / December 13, 2021 / 0 Comments

Reading Time: 3 minutes Until now, costs for healthcare were anything but transparent. A majority of people receive medical services without a clear understanding of what the charges will be, how much their insurance company will cover, and that prices can be vastly different from hospital to hospital.  However, this situation is changing. New rules from CMS, which are […]

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Predatory EFT Fees

EFT Fees – MGMA Pushes Back Against Predatory Business Practices

By Raul Neyra / December 3, 2021 / 0 Comments

Reading Time: 3 minutes Medical Group Management Association (MGMA) released findings from their Stat poll, conducted on August 10, 2021, regarding medical practices being forced to pay fees to receive EFT payments from payers. According to their research, 57% of respondents, when asked “Are insurers charging your practice fees you didn’t agree to when sending payments via EFT?”, responded […]

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