Healthcare Finance and Reimbursement

Healthcare Finance and Reimbursement

Variable to Consider While Selling Accounts Receivables

When a physician practice group decides about selling its accounts receivables, it factors individual accounts to a financial institution. As a group will sell the receivables, it would have to transfer title to the investing group who will assume all the risks of ownership. This means that the physician practice group will sell the account receivables without recourse, i.e. in case any receivables are not collected by the investment group then the group cannot demand payment from physician group for that uncollectible amount. Thus, it is clearly ...