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Healthcare Providers Struggle with B2B Delays
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The healthcare sector is grappling with delayed B2B payments, averaging 47 days, impacting providers awaiting payments of $25,000 to over $100,000. Blue Cross Blue Shield owes 23% of the total outstanding sum. Providers are turning to automated systems and real-time payments for cash flow management.
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How do late B2B payments affect the overall financial health of healthcare providers?
How might the rise of real-time payment technologies reshape financial practices in the healthcare industry?
What specific advantages do automated claims systems offer in dealing with insurance payments?
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