Credit Balances are the type of thing that financial leaders would often rather ignore. Difficult to identify and costly in their resolution, they’re “loose ends” often deprioritized in the face of other pressing issues, yet not attending to them can have dire financial, reputational, and even legal consequences.
“A small-to-medium-size hospital with annual revenues of $100 million may generate $2 million of new credit balances each year.”
Credit Balances don’t have to pose a threat to your organization’s financial health. Let us take that burden off of your plate so that your resources can focus on the day-to-day business of getting you paid for services rendered. We’ll work alongside your team to tie up your credit balance “loose ends” with confidence.
Let’s have a conversation to learn more about your specific situation. You can schedule a quick call here to get the conversation started.