🇦🇺Australia

Delayed Claim Payments

2 verified sources

Definition

Slower paper claims versus electronic lead to extended payment cycles, tying up working capital in high AR days.

Key Findings

  • Financial Impact: 20-40 days extra AR, equating to AUD 1,000-5,000/month opportunity cost per practice
  • Frequency: Ongoing per billing cycle
  • Root Cause: Non-use of electronic claiming systems

Why This Matters

The Pitch: Physicians in Australia lose AUD 15,000+ yearly in cash flow from delayed payments. Automation of electronic submissions accelerates payments by 50%.

Affected Stakeholders

Practice Owners, Accounts Receivable Staff

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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