Getting Millennials to Pay their Balance Medical Bills May Require a Revolution, TransUnion Study Suggests

February 2, 2018

Published on: 31 January 2018 at 10:51 a.m. ET TransUnion’s study of Millennials’ relationship with consumer debt reveals that this generation differs from older generations in their financial behaviors and motivators, and they do so in ways that are of particular interest to healthcare revenue cycle professionals. Select key

Which B2B Payment Options Suit Your Business?

January 31, 2018

At one time, cash and paper checks dominated the B2B payments world. However, as we have moved into the digital age, a variety of methods have become available. While electronic B2B payments are incredibly convenient, they do present some issues to businesses that choose to adopt them. Fees, security, and,

Online Challenges Faced by Today’s B2B Payment Solutions

January 31, 2018

Electronic payments are becoming a lot more common within the B2B world. Now, around 90 percent of B2B companies are starting to recognize that paper checks are falling from favor and online B2B payment solutions are on the rise. It is anticipated that soon more than $6 trillion will be

Finding Reliable Processing for Collection Agencies

January 31, 2018

For most people in the United States today, debt has become a standard fact of life. Consumer debt currently stands at around $11 trillion when common forms of lending, including car loans, student loans, credit cards, and mortgages are considered. So, it is no wonder that more debt collection agencies

Top Customer Service Advice for Credit Unions

January 31, 2018

Offering an impressive level of service for members is vital for any credit union, and the credit union will ensure they can be attracted and retained in today’s competitive marketplace. As modern technology becomes ever-more advanced and people change their buying and paying habits, credit unions should always be looking

Today’s Top Three Challenges in Healthcare Accounts Receivable Management Industry

January 31, 2018

Although payment processing represents a complicated challenge for every business, it can be an especially complex problem in the healthcare accounts receivable management industry. As well as having to navigate contracts, hardware, and connectivity, healthcare providers must also face a number of other unique obstacles when it comes to the

A Guide to Decreasing Spending in Medical Practice

January 31, 2018

Increasing revenue and decreasing spending are two key elements to the success of any medical practice. A recent survey showed that 80 percent of medical practices are operating at full capacity, and, therefore, do not have the ability to take on any additional patients. The only remaining way to improve

Advice for Building a Positive Landlord-Tenant Relationship

January 31, 2018

One of the common mistakes that landlords and property management companies make is failing to foster a positive relationship with their tenants. Some landlords do not realize the value of building up more effective channels of communication with residents in their properties. However, this is often the key to ensuring

Three Ways to Help Residents Pay Their Rent at The Right Time

January 31, 2018

Rent is the whole purpose of renting out a property. However, it can also be a very stressful problem for landlords, community association managers, and property management companies when residents fail to make their payments at the correct time. There are three primary ways that can be employed to help

Late Fees – Do They Work, or is Another Solution More Viable?

January 31, 2018

When a tenant falls behind with his or her rent payment, it can have a severe impact on landlords and property management companies. One way this can be addressed is by charging a late fee. This is an option than some landlords take to motivate residents to make their payments