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Revenue cycle 101: prior authorization + referrals

Waystar

On average, providers spent almost $11 per transaction to conduct a prior authorization manually compared to nearly $4 using a web portal. So, keep in mind that workflows will vary from state to state and insurance company to insurance company.

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What Is the Role of Annuities in Retirement Planning?

Due

Step Two : Annuities are customarily sold by insurance companies. You should choose an insurance company you feel comfortable with. Some factors to consider when selecting an insurance company are the company’s financial stability, customer support, and its annuity products.

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Understanding Medical Factoring: How It Works and Who Qualifies

Lendio

Waiting for insurance companies to pay can cause significant delays in receiving payments for services provided. Simply put, medical factoring is a financial transaction where a medical practice sells its invoices or accounts receivable to a third party at a discounted rate. But what exactly is medical factoring?

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. People frequently buy and sell real estate using large dollar transactions, so the movement of large dollar funds is not unusual. Why real estate? In the GTO, FinCEN began requiring U.S.

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FinCEN Reissues Real Estate Geographic Targeting Orders: What Does this Mean for Your FI?

Abrigo

title insurance companies, their subsidiaries, and agents, to determine the beneficial owners (natural person) behind certain entities used in “covered” residential real estate transactions, including cashier’s checks, certified checks, traveler’s checks, personal checks, business checks, money orders, funds transfers, or virtual currency.

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FinCEN Reissues Real Estate Geographic Targeting Orders: What does this mean for you?

Abrigo

Financial institutions should have procedures in place to ensure detection of these transactions. Whil e the title insurance companies are required to collect and report data on covered transactions, financial institutions should have procedures in place to ensure detection of these tr ansactions.

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A Non-Salesy Annuity Guide To Buying Annuities

Due

As soon as you apply your funds, you might have to wait a little longer until the insurance company issues your policy. Often, these institutions are insurance companies. Basically, you pay the company upfront, then they pay you monthly. How does the insurance company make this money?