What can affect nursing home care?

What can affect nursing home care?

When receivables and payables are poorly managed, cash flow problems can arise. This can delay payments to suppliers, limit the ability to purchase quality medical supplies, or even affect payroll schedules for nurses and caregivers. Well, in the healthcare industry—especially in nursing homes – financial management directly affects the quality of patient care. While it may seem like a behind-the-scenes task, managing receivables (money owed to the facility) and payables (money the facility owes) pharmbills.com/…/differences-between-accounts-receivable-and… plays a critical role in maintaining smooth operations and ensuring residents receive the best possible support.