Patients Turned Shoppers The rise in deductibles, copays and out-of-pocket premiums that has turned patients in to shoppers — a trend known as consumerism — has put an equal burden on healthcare providers. Especially when it comes to billing, collections and the other financial tasks tied to an organization’s revenue cycle. According to a new […]
A 4-Point Check-Up For Your Revenue Cycle Management There are a few ways that practice managers and providers can easily perform a profitability check-up against best practice benchmarks for revenue cycle management. Just like focusing on providing quality care to patients is critical to a health care practice, bottom line management can make the difference
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Are you sending all of your bills once a month and getting a rush of questions and calls? Have you considered Cycle Billing? Cycle billing is – a method of billing customers at monthly intervals in which statements are prepared on each working day of the month and mailed to a designated fraction of the total
5 Tips On How To Improve Your Healthcare Revenue 1. Replace old credit card terminals with streamlined devices placed conveniently at each front-desk workstation. 2. Implement flexible payment applications that make it easy for patients to pay balances. Additionally, automated payment plans, keeping a credit card on file to pay small balances and offering convenient
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