0
Medical receivables factoring is a term used when funding companies purchases their accounts receivable for health care providers. They immediately receive the payment once funding company purchases their accounts receivable.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is meant by the term factoring accounts receivable?
Factoring accounts receivable is a term used in finance. It refers to a specific kind of transaction in which one business sells invoices to another business at a discount.
What is meant by accounts receivable?
Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for. Receivables usually come in the form of operating lines of credit and are usually due within a relatively short time period, ranging from a few days to a year.
What is meant by the phrase different cost figures for different purpose?
they differ over range of costs included current and future costs assumed the frequently product costing information is required
What is meant by net working capital?
The phrase "net working capital" is a financial term which means the available liquid assets at a company's disposal. The term is sometimes just referred to as "working capital" or WC.
What is meant by payroll administration?
hi. what is meant by payroll system
What is meant by cash flow factoring?
Cash flow factoring is a process in which companies that have cash flow issues and slow-paying customers often sell their invoices or accounts receivables to specialized companies (these are the factors). The factor advances most of the invoices by 70-90%.
What is meant by the phrase the medical assistant acts as an agent of the physician?
The phrase, The medical assistant acts as an agent of the physician means that the medical assistant takes the place of the physician and can treat the patient in the same manner as the physician can.
What is meant by the term factoring accounts receivable?
Factoring accounts receivable is a term used in finance. It refers to a specific kind of transaction in which one business sells invoices to another business at a discount.
What is meant by invoice discounting factoring?
Invoice Discounting Factoring is a financial service that allows businesses to release the funds that are allocated to unpaid invoices, this requires the participation of a third party company advancing the debtor.
What is meant by governmental factoring?
Governmental factoring is a term used to describe the Government providing capital to small and medium sized businesses. This type of service allows businesses to expand and helps boost the economy.
What is meant by the phrase weinis?
The term Wenis is a slang word for the flap of skin at the elbow, though this is not a medical term or considered a proper word in the dictionary, it is widely used.
How do you Factor b12 plus 8?
Do you mean...? 12b + 8 4(3b + 2) ============( if you meant b12, then there is no factoring possible )
What is meant by the phrase soft tissue?
this
What is meant by the phrase trans ocean?
The phrase trans ocean is meant to mean across the ocean. Trans ocean is meant to be the same as transocean, which is not a word but a shorter version of transoceanic, to which it is meant to have a similar meaning.
What is meant by the phrase a wallpaper your desktop?
The phrase a wallpaper on your desktop can mean that your desktop is covered in papers. This can be meant on your computer or your actual desk.
What is meant by the phrase ''hitchhiking arachnid''?
noting
What is meant by the phrase a hard question?
The phrase means that the question is difficult to answer. Like this one.
