Top Strategies to Erase Past-Due Patient Payments
As the percentage of patient financial responsibility continues to rise, medical practices find it more challenging than ever to collect payments for medical expenses. According to a 2019 Kaiser Family Foundation study, 73% of providers report that it takes one month or longer to collect outstanding payments from patients. Fortunately, many practices are implementing innovative … Continued
How to Bring your Patient Payments into the Digital Age
High-deductible health plans are the new normal, payer reimbursement is decreasing, and patients are responsible for a higher portion of their healthcare bills than ever before. This trend means that offering a seamless patient payment experience is crucial to your practice’s financial health. Increasingly, patients are demanding digital options to handle their healthcare bills, so … Continued