DecisionHealth, DecisionHealth - 2012 Issue 3 (March)

Use lines of credit, business loans to stem tide of 5010 payment delays

Some practices seeing revenue slow because of HIPAA 5010 problems and high-deductible patients to start 2012 have found relief working with their banks to build or expand lines of credit or access business loans. One practice used $15,000 of its line of credit, which it doubled to $60,000 in anticipation of payment delays. “For once, my cynicism paid off,” he says.

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