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What is a credit balance? Credit balances occur when payments and adjustments exceed posted charges. They are not “extra cash” or a positive asset for a provider. Instead, they are a ticking time bomb that needs to be addressed through an effective accounts receivable (A/R) solution initiative. What are creditRead More →

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A Balance Forward is the previous balance on an account that has been carried over from the previous statement to the current statement. What is over payment in medical billing? Most overpayment issues occur when a patient or their insurance provider pays the healthcare providers a sum of money thatRead More →