According to a recent Kaiser Family Foundation survey, 74% of providers have seen an increase in patient financial responsibility due to rising deductibles. What does this mean for healthcare providers? For the foreseeable future, patient collections will be representing a substantial part of a practice’s total A/R. This is forcing medical providers to rethink their payment collection methods.
Here are 5 tips from Kareo for improving patient collections:
In addition to improving collection methods many practices now offer patient financing solutions. Talk to Provider Web today about our simple solution to high deductible and elective costs.
We ensure your patients receive the treatment they need, and your practice gets paid upfront.