Collection Problems Are Hurting Freestanding ER Sector

Collection Problems Are Hurting Freestanding ER Sector

Freestanding emergency rooms have been roundly criticized for their billing practices, most often as a result of “surprise bills” that patients don’t feel they should have to pay and insurers absolutely refuse to consider. In addition to angering patients and inspiring legislators to draft new consumer-protection laws, though, many freestanding ER companies are having a tough time getting paid at all. Adeptus, considered the leading provider in the industry, has been especially hard hit. Its …

Read More
The Pros and Cons of Acquiring Accounts Receivables in Urgent Care Transactions

The Pros and Cons of Acquiring Accounts Receivables in Urgent Care Transactions

URGENT MESSAGE: Unlike most retail and service businesses in which customer transactions result in immediate cash in the register, the nature of insurance and government billing in urgent care creates accounts receivable, which can be a complicating factor when buying or selling an urgent care practice. Alan A. Ayers, MBA, MAcc is Practice Management Editor of JUCM—The Journal of Urgent Care Medicine, a member of the Board of Directors of the Urgent Care Association of …

Read More