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I Advice - Medical Receivables Funding Gives Providers Much Needed Capital
Sun Tzu in the Art of War talks about the perils of a leader who lacks the ability to be decisive. When battling in business today, you are watched very closely as a leader. One thing that teammates of a leader will not forgive is lack of certainty. By your words, voice qualities and body language - you either transfer certainty or you transfer doubt. People want to follow
Within the corporate world we now see three different generation cultures working side-by-side. Progressive mangers are expected to understand these differences and make peace with the different mindsets and traits that come along each age group. In order to retain top talent and build solid working teams rewards and assignments should take into consideration the personal l
For smaller groups, the problems are magnified. The Medicare reimbursement decreases, along with skyrocketing malpractice insurance premiums and slow time-to-collection waiting periods from third party payors have placed many providers in a precarious position. A large percentage of doctors have postpon
It's so easy to have those credit card balances sneak up on you, leaving you with a number of credit card and charge card balances high enough that you're only able to meet the monthly payments. On top of that, the interest rate is eating up the majority of your payment, so that it will take you years to pay off the balance owing. This is where you should consider credit ca
For smaller groups, the problems are magnified. The Medicare reimbursement decreases, along with skyrocketing malpractice insurance premiums and slow time-to-collection waiting periods from third party payors have placed many providers in a precarious position. A large percentage of doctors have postpo
All entrepreneurs who run their own small companies believe that they have the greatest customer service and yet if they were to survey their customers they might find out the truth about exactly how happy their customers actually are. When doing surveys for customer service for small businesses I am always amazed at the difference between what the entrepreneur thinks abou
For smaller groups, the problems are magnified. The Medicare reimbursement decreases, along with skyrocketing malpractice insurance premiums and slow time-to-collection waiting periods from third party payors have placed many providers in a precarious position. A large percentage of doctors have postpo
This is the time of year when many of us are reviewing our plans for our local annual golf event. Since most of these events are for charity, budgets can be lean.If you have not already considered a ‘Sponsor’ donation category, this is a good way to raise the total contributed quickly. Local companies can be persuaded to contribute – sometimes in a fairly large way
In my years of speaking, I have dealt with many unique and challenging situations. I have listed tactics to work with each audience and how to turn your challenge into a success. The Hostile Audience This audience group openly disagrees with you and may even actively work against you. For a hostile audience, use these techniq
These providers have no ability to change the laws regarding Medicare reimbursements, but they can take matters into their own hands by using their assets more efficiently. Medical receivables funding, or factoring, allows the provider to receive immediate cash for their third party billings. Third party payors are commercial insurance companies, HMO’s, PPO’s, Blue Cross/Blue Shield, Medicare, Medicaid, and state entitlement programs. Ordi
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