Category: Billing and Collections

Health Care Liens

Health Care Liens

A lien is a legal claim against specific property. A health care lien is a claim against monetary proceeds in an injury case. The Illinois health care lien law refers to individual health care licensees as “health care professionals” and to facility health care licensees as “health care providers.” The law allows health care professionals, such as physicians and other health care professionals, and health care providers such as hospitals, to assert liens for service billings against personal injury monies to be paid to the patient by a negligent party.

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Are Credit Balances Costing You Money?

Are Credit Balances Costing You Money?

Often, when we think about reviewing Accounts Receivable reports, we overlook the liability of credit balances. We tend to focus most of our attention on commercial payers and accounts that are over 60-90 days past due, but ignore balances with a credit that, unfortunately, can leave your practice open to numerous business and financial risks.

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