Patient Collections News

This is selected news for Patient Collections, which is filed under Healthcare Topics. There are 75 news items for this page. A press release filter page is also available for Patient Collections.

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Date Headline (link) Source
12/1/2022 30% of providers unsatisfied with patient payment platforms
... improvement in the seamlessness of their current systems. 3. Health providers want greater ease of use for patients, addition of Apple Pay, better software and patient collections workflow, and better payment terminal functionality ...
Becker's Hospital Review
11/29/2022 Seven ways to ease patient collections in your medical practice
... patients need. However, experts say the COVID-19 pandemic has prompted them to rethink this strategy and take a more proactive, business-savvy approach.\n\nPatient collections: A complex issue\n\n‚AuMedical practices are really in a lot of trouble right now especially independent primary care practices ...
medicaleconomics.com
11/22/2022 HIMSS Showcases New Revenue Cycle Management Solutions
... an end-to-end revenue management platform at the conference. This platform contains several bundled solutions designed to help revenue cycle leaders with claims management, patient collections, charge capture, and regulatory compliance. Kore.ai's HealthAssist was also introduced at the conference. The artificial intelligence platform offers virtual communication via voice ...
Physicians Weekly
11/13/2022 GMH contractor touts increased collections amid complaint to FBI
... a 2022 fiscal year-end review of MedHealth Solutions noted. According to the company's annual report, GMH contracted MedHealth Solutions to conduct services such as patient collections, preregistration for scheduled patient arrivals, third-party follow-ups and others. "We act with the hospital's third-party vendors (EHRs and RCM Solutions ...
postguam.com
11/3/2022 Zentist Announces Second Revenue Cycle Management Bootcamp for Group Dentistry
... will feature nine interactive panel discussions with speakers representing dental support organizations, consultancies, technology companies, and other allied fields. Topics include: Automation and Software Tools; Patient Collections; RCM Through the Lens of the CFO; Talent Recruitment, Selection and Management; Personal Career Development, and more. To request more information or to ...
dentistrytoday.com
10/28/2022 Challenges with documentation in ASC billing
... data. Among the many factors that influence AR days are treatment scheduling, patient pre-registration, medical coverage verification, patient financial counselling, patient payment plans, and patient collections. Setting up a patient funding solution that pays within a few days of a procedure, according to the recent Becker's ASC Review report ...
physicianspractice.com
10/14/2022 How Inefficient Patient Payment Processing Can Strain Providers
... McKinsey study, 74% of insured Americans are both able and willing to pay their out-of-pocket medical expenses, up to $1,000 per year, yet patient collections take over a month on average for most providers. Since collecting payments directly from patients generally takes longer and is more costly that ...
trustcommerce.com
10/4/2022 3 Best Practices for Collecting Patient Payments
3 Best Practices for Collecting Patient Payments Dear medical providers: Here's how you can improve patient collections processes and your practice cash flow! To say health care professionals like you are hard workers is a serious understatement. And, it goes without saying, that hard work deserves fair pay. When ...
microwize.com
9/25/2022 Medical Billing Specialist
... appropriate appeals and documentation t payors to ensure correct claim payments. 4. Researches and corrects all denials received by payors. 5. Liable for Accounts Receivable (Patient Collections) 6. Responsible for balancing payments received from all locations and handing off to manager daily. 7. Assist patients with any billing questions/issues ...
monster.com
9/23/2022 Medical Billing Services for Small Practices: The Cost-Effective Solution
... your claims are filed correctly and that you receive timely payment from insurance companies. They also offer other services such as account receivables management and patient collections. The cost-effective solution is to use a medical billing service The cost-effective solution is to use a medical billing service. Medical ...
apsense.com
9/22/2022 Medical Biller
Medical Biller Haymarket , VA MUST: At least 2 solid years of medical billing in a private practice Strong experience following up on insurance claims Must have strong experience handling patient collections and comfortable with Strong experience with appeals and denials-insurance follow up 3rd party collections Comfortable making collection calls ...
monster.com
9/14/2022 The necessity of Medical Records Management for Medical billing services:
... Billing and Payments: The process of medical billing is something that every physician and medical practice works to perfect in the hopes of increasing their patient collections. On the other hand, they wind up putting all of their efforts into caring for patients and providing high-quality therapy since, as ...
stridepost.com
9/13/2022 Want to improve patient satisfaction? 3 front end processes surgical organizations should review
... withdrawals to meet pre-set payment plan obligations. In comparison, a paper and manual bill collections process places the responsibility on your staff to manage patient collections, including: printing each billing statement, mailing them, following up with patients by phone, keeping track of paper checks as they trickle in, deducting ...
Becker's ASC Review
9/12/2022 Five Key Components You’ll Need to Maximize Your Revenue Cycle
... of the most common may include: - Failure to collect patient co-pay and co-insurance - Staffing issues - Failure to work denials adequately - Inadequate focus on patient collections - Taking unnecessary write-offs - Failure to verify insurance & check eligibility However, having a solid revenue cycle plan in place will greatly improve your ...
tsihealthcare.com
9/9/2022 Mastering the Healthcare Revenue Cycle Flowchart
... this resource has helped you, visit us at HealthPay24.com to see how our patient payment platform can help benefit your revenue cycle and improve patient collections ...
healthpay24.com
9/7/2022 Dialog Health's AnalyticsPRO Takes Patient Engagement to a New Level
... PRO to achieve reductions in no-show rate, pre- and post-op phone calls, and readmission rate; increases in survey responses, web portal engagement, and patient collections; and many other noteworthy improvements. "While the Dialog Health platform is still unmatched in its ability to improve engagement, healthcare organizations looking to ...
PR Newswire
9/6/2022 A Checklist By Top Healthcare RCM Companies: Improve Experience & Profits | by TheBlogger | Sep, 2022 |
... based prior authorization procedures can hasten reimbursement for healthcare organizations by improving operational efficiency and reducing denials. 2. Are data and analytics used to optimize patient collections? Are patient costs disclosed up front? Are the standards for notice of care being met? Are patients given suitable payment options and financial ...
Medium
9/1/2022 Best Practices: Patient Eligibility & Benefits Verification
... need to consult payer-specific guidelines. Patient responsibility for payments. Collect the payments for deductibles, copayments, and co-insurance based on the policy details. Pursuing patient collections can be tedious, and you must collect as much upfront as stipulated. Additional information The social determinants of health are becoming an important ...
wisearticle.com
8/30/2022 Revenue Cycle Technology Key to Patient Collections, Experience
RevCycle Intelligence August 29, 2022 Patient collections is a sensitive area in healthcare, but revenue cycle technology can actually help to humanize and improve the patient financial experience. Revenue cycle technology is helping Hackensack Meridian Health become a high-performing healthcare organization, especially when it comes to patient collections and ...
ramaonhealthcare.com
8/29/2022 Tips to Improve Patient Collections
Tips to Improve Patient Collections Riya Jamble Medical Billing No comments According to a Consumer Financial Protection Bureau survey, 32% of consumers filed debt collection complaints against medical providers, and 13% of clients reported that practices attempted to collect debts not owed. Medical billing solutions provide revenue cycle modules to ...
selecthub.com
8/25/2022 INFINITY, A SimiTree Company, Partners with HFA to Introduce Patient Payment Solutions
... increased patient satisfaction. "Providers will face increasing census while making care affordable through a compliant collection process," said INFINITY EVP Eloy Paez. "By improving the patient collections process and streamlining the patient financial experience, patients can focus on their health, not their finances." About INFINITY INFINITY, a SimiTree company, provides ...
PR Newswire
8/25/2022 INFINITY, A SimiTree Company, Partners with HFA to Introduce Patient Payment Solutions
... increased patient satisfaction. "Providers will face increasing census while making care affordable through a compliant collection process," said INFINITY EVP Eloy Paez. "By improving the patient collections process and streamlining the patient financial experience, patients can focus on their health, not their finances." About INFINITY INFINITY, a SimiTree company, provides ...
Yahoo News
8/23/2022 How to remain compliant – and keep patients happy – amid implementation of the No Surprises Act
MedCity News August 22, 2022 A revenue cycle management operation that utilizes the right automation and patient collections solutions helps providers to better pinpoint what a patient will have to pay for their care, creating the transparency that is required to remain compliant with the No Surprises Act. Patients put ...
ramaonhealthcare.com
8/22/2022 How to remain compliant – and keep patients happy – amid implementation of the No Surprises Act - MedCity News
... Through end-to-end RCM transformation that utilizes AI and machine learning tools in tandem with a patient statement delivery and online portal that streamlines patient collections from pre-visit scheduling to post-visit follow up, transparency and compliance is strengthened, creating a healthcare environment that is favorable for providers ...
MedCity News
8/18/2022 How to Comprehensively Explain a Medical Bill to a Patient
... those are harder for them to understand. For a quick refresher on the two, front-end costs are costs associated with patient registration, scheduling, initial patient collections, and administration of the patient's care and files. Back-end costs are those related to medical billing and claims management and final ...
powerfulpatients.org