Lower Uncollected Patient Payments with a Flexible Payment Plan
How to facilitate payment and improve cash flow for your medical practice.
5 Ways a Credit Card on File System Will Improve Your Collection Process
Today’s healthcare payment system poses significant collection issues for the provider, especially with nearly 35% of revenue coming from the patient. Practices are having a difficult time collecting the [...]
5 Effective Ways to Protect Your Medical Practice from Data Breaches
At the RSA Cyber Security Conference in 2012, former FBI Director Robert Mueller was quoted as saying, “There are only two types of companies: those that have been hacked [...]
The Fundamentals of Doctor-Patient Confidentiality (Guest Blog)
Trust is an important part of the relationship between doctors and their patients. As a patient, you need to trust a doctor to administer the right treatment and to provide [...]
The Psychology Behind a Visually Appealing Patient Statement
Did you know that many people delay paying their medical bills because they’re confused by the patient statement? How many hours does your staff spend on the phone answering [...]
Recent Patient Payment Trends You Should be Watching
Most medical systems share a common struggle: collecting patient financial responsibility. Recent uncertainty in healthcare has only added to this stress for both patients and practices alike. While the [...]
3 Common Patient Financial Pain Points and How to Address Them
With each passing year, the entire healthcare system is becoming more stressful for patients and providers alike. According to Black Book’s "Revenue Cycle Management" report, patients averaged more than [...]
The Surprising Effect of Healthcare Technology on Patient Payments
Consumers are accustomed to technology assisting their everyday lives. As many service providers turn to the internet for help in basic business functions like ordering and payment collections, consumers [...]
7 Billing Best Practices for Telehealth Services
Telehealth, which refers to the provision of healthcare services remotely using telecommunication technologies (e.g., voice or video calls,) has become increasingly popular thanks to benefits such as: Improved access [...]
How Your Medical Practice Can Benefit from Price Transparency
5 reasons why publicizing your rates can help attract more patients and reduce costs The hospital price transparency rule took effect on January 1, 2019. Under this regulation, all [...]