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How to Communicate Effectively for Patient Collections

September 13, 2019 | Patient Collections, Patient Engagement

As the face of healthcare changes, especially with more people purchasing High Deductible Health Plans (HDHPs), the growing weight of the healthcare financial burden now rests on the patient, which has led to more bills going unpaid. On average, physicians currently collect only $15.77 out of every $100 owed once patient accounts are sent to […]

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How to Increase Patient Collection Rates at Your Practice

December 10, 2019 | Patient Financing

Speeding up the payment cycle is a large pain point at medical practices of all sizes. Data compiled by MedData showed that 83% of medical practices report their top challenge is collecting patient payments with high-deductible health insurance plans. The Kaiser Family Foundation found that fewer than 63% of non-elderly households with incomes above the federal […]

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How to Increase Patient Collections in Your Practice

May 31, 2018 | Patient Collections

Patient collections can be intimidating for anyone, and for a good reason. Medical payments have changed a lot over the last decade, and patients have become increasingly overwhelmed by rising care costs, including higher deductibles, increased out of pocket expenses and expensive medical bills. The burden of expensive medical bill payments continues to fall on […]

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