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Due to the dynamics in the healthcare industry, practitioners, surgical centers, and urgent care centers can encounter cash flow problems from time to time. Healthcare professionals are under an enormous amount of pressure to reduce costs while working with insurance companies that pay slowly. This delay affects their revenues and cash flow. They are also facing constant pressure to meet their financial obligations. They have numerous expenses – such as payroll, facilities, and equipment – that need to be paid in a timely manner. Given the combination of slow payments and ongoing expenses, their cash flow suffers. Obviously, cash flow problems won’t be serious if the business has sufficient cash reserves or a line of credit. However, a cash flow shortage can become serious if the institution is not well prepared. It can leave the facility at risk of missing critical vendor payments or, worse, payroll. That’s where Biz-Pay can help.