BC Advantage - 2019 Issue 5
Maximizing Revenue and Relationships in the Age of Patient Consumerism Modern Solutions to Boost Revenue Collection
Maintaining financial stability is a challenge for any healthcare provider's office, but especially in the industry's current age of patient consumerism. The increases in regulation and the transparency of medical care processes have given rise to healthcare consumerism, wherein newly empowered patients have control over their healthcare experience. Along with shifting reimbursement strategies and the increased demand on patient financial responsibility, improving your bottom line has become even trickier.Every station in the revenue cycle has room for improvement, and it's difficult to keep those processes efficient and optimized for maximum recoveries in conditions of continuous change. Whether you're...
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