BC Advantage - 2013 Issue 2

Tips for Increasing Patient Pay and Reducing Collections

By Bob RichardsonHealth care providers take great pride in providing much-needed service to patients.  While the business purpose is noble, getting completely paid is not always easy.  Many providers have focused heavily on insurance, Medicare, and Medicaid payments in the past as this was the bulk of the fees that they were trying to recover.  As the patient pay portion has increased over the last several years, many providers are finding it difficult to collect the patient's entire portion when the patient doesn't have the resources to pay all at once.   To get better...

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