Collecting Cash at Point of Service
By: Shannon King, CHAM, Revenue Cycle Consultant, Recondo
on: Wed 17 of June, 2009 07:24 EDT
(1183 Reads)
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In 2008, Americans spent $2.4 trillion dollars on healthcare, and the industry spent 15 percent, $360 billion, to process and collect payment. Financial services spends one percent to process and collect, and the credit card segment spends less than two percent.
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