One of the primary responsibilities of a hospital executive, is the protection and management of all hospital assets. This means implementing processes to monitor and maintain the ability of every asset to support the hospital’s mission.
Posts By: C & E Acquisition Group
There’s been a major shift in the mix of healthcare payers due to the growth in high-deductible health plans and to increases in employee cost-sharing of employer-sponsored plans. As more people accept responsibility for more of their healthcare expenses, hospitals must collect more money from more payers who have more accounts with hospitals and affiliates…. Read more »
Healthcare CFOs have a lot of things to think about right now. From keeping up with the latest technological trends to maintaining relationships between physicians and hospitals, it is likely your schedule is already full. Therefore, the last thing you need is to worry about patient medical debt. Let’s take a look at what healthcare CFOs should and should not have as their top concerns.
Cash flow is vital to any business, and a relationship with C&E can provide an accelerated, predictable cash flow to give your facility the ability to cover much-needed expenses. From operating costs to expansion projects, there are many demands on liquidity and competition for capital within your organization.
With more patients acquiring health insurance that demands they pay expenses out of pocket, hospitals and healthcare facilities everywhere are feeling the sting of unpaid account receivables. But, fewer than 20 percent of hospitals work to collect their accounts receivables after they have reached “old age.” Instead of letting these accounts sit around, C&E is willing to acquire a healthcare facility’s account receivable debts and turn those hassles into cash.