Category: Medical Billing

What Is Healthcare Payment Processing and Does Your Practice Need It?

August 16, 2019 | Medical Billing, Patient Financing

We live in a digital age where it’s easy to have anything delivered–simply, quickly, and conveniently. Healthcare is no exception, as the rise of healthcare consumerism indicates. There is a growing expectation that healthcare services of every kind will be delivered with the same kind of convenience as other kinds of products and services. This […]

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Self Pay

What You Need to Know About Patient Responsibility Payments

June 5, 2019 | Healthcare Financing, Homepage, Medical Billing, Patient Financing, Patient Pay

Historically, independent practices have had better collection rates than large networks or hospitals. But that’s changing. Patients are shouldering more and more of the financial burden for healthcare than ever before. Higher deductibles. More in premiums. Greater copays. In fact, Kaiser Family Foundation revealed that out-of-pocket patient pay rose about 230% between 2006-2015. That same […]

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doctor-consult-financing

3 Ways an Automated Healthcare Payment Solution Can Increase Collections

May 8, 2019 | Medical Billing, Patient Collections, Patient Pay

Traditionally, it was enough for a medical practice to render services, collect copay, submit a claim, and then bill the patient. For a growing number of urgent care centers (and other medical facilities) this model of billing and collecting is no longer optimal. This is in part due to changing consumer expectations, as well as […]

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Medical-Billing-and-Collection

3 Medical Billing and Collection Methods to Improve Your Practice

March 12, 2019 | Medical Billing, Patient Collections

In today’s challenging economy, many can’t afford the healthcare services they need; 26 percent of U.S. adults aged 18-64 say they or someone in their household had problems paying (or an inability to pay) medical bills in the past 12 months according to the Kaiser Family Foundation. Higher inflation rates make patients reluctant to pay […]

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