Health care providers have one of the most challenging job when it comes to accounts receivable and collections, but outsourcing can help.
Hi there, and welcome to the Professional Medical Services blog.
On a good day, medical firms have to handle collections in a very sensitive way. Now, legislation is also playing a role.
Law360 reported that the Consumer Financial Protection Bureau has increased its efforts to enforce collections laws specifically for health care providers. Because this can be such a difficult task without even considering regulatory compliance, this latest activity could make matters worse.
By outsourcing the job to a professional service provider, medical firms can streamline their accounts receivable and more efficiently navigate regulations.
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