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Our February blog post is going to introduce and outline our upcoming five-part series on claim denials. Experians Health Report for 2024 had nearly three out of four respondents stating their claims denials have gone up, versus less than half of respondents only two years ago. Almost 40% of the respondents said their claims are denied 10+% of the time, while 11% of the respondents received denials at least 15% of the time.
Can your AML/CFT and fraud staff recognize these fraud typologies? The technology used to perpetrate financial crimes may be changing, but these common fraud typologies aren't going anywhere. This article covers these key topics: Why familiarizing staff with fraud typologies matters Common fraud schemes Fraud risk management best practices 3 Steps financial institutions can take to prevent fraud Why familiarizing staff with fraud typologies matters in 2025 In 2023, the Federal Bureau of Investig
The RMAI Certification Council announces the adoption of version 13.0 of the Receivables Management Certification Program after a lengthy development and review process. Several significant enhancements were added to the program in version 13.0, including: Allowing the Full Compliance Audit to be done remotely with several exceptions. Modifying the review process for claims of identity theft.
By mastering cash flow management, businesses can avoid the pitfalls of cash shortages, which can lead to operational disruptions and missed opportunities. Optimizing working capital, a key component of cash flow management, can significantly enhance your business's ability to thrive in a competitive market. Proper management of working capital and cash flow means your business has the necessary liquidity to cover short-term expenses, invest in growth initiatives, and seize new market opportunit
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Retirement should be a time for relaxation, travel, and pursuing your passions. However, a nagging concern haunts many: they fear they will outlive their savings. After all, as lifespans increase , the traditional retirement game plan might not work. Half of non-retired Americans (51%) have concerns about outliving their retirement assets, according to the Schroders 2024 U.S.
Amazon is breaking into the generative AI space with their new product Alexa+. The product still is a piece of hardware people can have in their homes, but this time it is more advanced. According to Amazon , the Alexa+ conversational, smarter, personalizedand she helps you get things done. Amazon releases Alexa+ What makes this product a bit different than previous Alexa models is that it runs on both Amazons large language model and Antropics (which was acquired by Amazon).
Amazon is breaking into the generative AI space with their new product Alexa+. The product still is a piece of hardware people can have in their homes, but this time it is more advanced. According to Amazon , the Alexa+ conversational, smarter, personalizedand she helps you get things done. Amazon releases Alexa+ What makes this product a bit different than previous Alexa models is that it runs on both Amazons large language model and Antropics (which was acquired by Amazon).
The financial markets are experiencing significant volatility as concerns about stagflation and economic policy changes take center stage. Recent market developments indicate a complex interplay between inflation, economic growth, and investment strategies that require careful consideration. Understanding the Current Market Environment For four consecutive months, inflation has shown signs of reacceleration after previously declining from its 9% peak in 2022.
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