10 collection tactics for your high-deductible patients
High-deductible health plans are on the rise. Here are 10 methods to ensure your practice collects from patients with these plans.
Patient collections are much more than collecting $10 copays: those days are long gone.Patients are paying a greater percentage of what you get paid and will be paying an ever-higher percentage in the years to come.Smart and consistent patient collections tactics must be a part of every practice's financial strategy.
Though the rate of healthcare spending may have slowed, the share absorbed by patients has done the opposite.Here are a few basics for improving your patient collections.
Health care’s 2025 revenue cycle imperative: Reduce administrative waste
January 22nd 2025Given that so much of the high costs associated with running a healthcare business remains outside of the organization’s control, financial leaders will have to consider how they can impact the one area that is in their control in 2025: reducing administrative waste.
