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Michael S Fink's Articles in Insurance

  • Would Your Practice Benefit If Medical Insurance Claims Were Paid 3-4 Weeks Earlier?
    Is that kind of performance even possible? Basic knowledge of cash flow and accounts receivable tells us getting paid earlier would increase cash flow. Regarding the "how" question, quantifying the benefits of increased profit, and taking steps to achieve it are the real challenges in an industry whose costs are rising and whose regulatory climate continually adds more time and effort just to get paid for services rendered.
  • When Should You Use 3rd Party Medical Insurance Claims Resolution In Your Practice?
    Though there are state and federal regulations for insurance payers regarding time limits on reimbursements of non-disputed claims, the payers are still often accused, officially and unofficially, of deliberately slowing payments to providers. Deliberate payment delay tactics are often extremely hard to prove. For providers, the best defense is a good offense and that is why third parties have been so helpful to providers.

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