BC Advantage - 2022 Issue 11

How to Reduce Patient Collections in a Medical Office

Putting on the dreaded collections hat is a necessary evil that every medical office can relate to. You can run a tight ship, doing your very best to collect payments at the time of service, but because of the complexities of medical billing and emergent situations, there will always be times when collecting every patient's payment is an impossibility. Documenting best strategies for more expeditious patient payment practices will help the team get it done.Ballooning receivables impact financial solvency. Past-due collections efforts put your medical practice in a defensive position. The longer an account is delinquent, the more...

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