As the healthcare industry becomes increasingly competitive and consumer-driven, employing a proactive approach to patient collections will help ASCs remain successful. Here are eight things to know ...
Jim Bohnsack, vice president of TransUnion’s healthcare group, discusses five ways to improve point of service collections from hospital patients. 1. Collect at the point of service. Collecting out-of ...
Jho Outlaw, senior vice president of revenue cycle services for ASC software company Surgical Information Systems and Jessica Nelson, director of revenue cycle services for SIS weighed in on how to ...
As high-deductible health plans and rising out-of-pocket costs shift more financial responsibility to patients, healthcare providers are facing a growing challenge: getting paid. Payment delays strain ...
Hospitals have many clinical and business considerations that may impact their sustainability in the consumer-driven market. Obtaining collections from patients is crucial to a hospital’s bottom line ...
Patient collections has surpassed denials management as the biggest concern for revenue cycle leaders, a new report found. Should you be taking a closer look at your back-end operations? While denials ...
The less time spent in accounts receivable, the sooner the payment becomes part of a provider’s cash flow. Now that patients’ financial responsibility for their care has grown, patient collections are ...
In today’s market, where patients have more choices than ever, making the healthcare journey seamless may be the biggest ...
Healthcare leaders are seeking patient payment and billing solutions that support achieving more timely patient collections, and deep workflow integrations with their EHR or Patient Accounting System ...
Patients with some form of insurance coverage accounted for 53% of the estimated $17.4 billion that hospitals, health systems and medical practices wrote off as bad debts in 2023, according to data ...
Over the past half decade, 15,710 collections lawsuits have been filed against patients by or on behalf of Aurora, Colorado-based UCHealth, according to a recently published investigative report. Most ...
Hackensack Meridian Health believes the patient experience begins with the point of scheduling. Once services are rendered, staff want to ensure statements and other communications are clear and ...