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Medicalbillingcollection is a challenging business. Whether you are a debt collection agency, an extended business office, or the accounts receivable department that manages healthcare collections, many struggles are the same. Bad medicalcollection practices can damage a healthcare facilitys reputation.
The bureau’s determination on whether credit bureaus should include medical debt on consumer credit reports will be based, Mr. Chopra said, on “additional research on medicalbilling, collections and reporting.”.
Many companies that accept B2B payments – or provide their goods and services before collecting payments – need to think about the full customer journey, including billing workflows. A workflow is any repeatable process your business uses to get contracts signed, invoices delivered, and payments approved and collected.
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