Tag: collections
Over the last twenty years, American hospitals have provided more than $620 billion of uncompensated care for cases where no payment was made by...
Consumers are bearing a bigger burden of healthcare costs than ever before. As the third largest payer behind Medicare and Medicaid, many patients find...
The burden of healthcare expenses on patients is a growing problem for hospitals and patients alike. Hospitals are losing about $7.5 billion in out-of-pocket medical expenses that...
Healthcare providers are relying on patients for more of their revenue as more of the burden of healthcare costs shifts to them. In fact,...
As most doctors will say, healthcare is about helping patients, not making money. However, these two goals aren’t as separate as some would assume....
No two healthcare organizations are the same. Each has varied workflows that optimize efficacy and overall care for patients. That’s why healthcare software solutions...
For healthcare providers, revenue cycle management has become more important than ever. Due to increasing complexity in the payer mix and patients encountering more...
In 2014, Sanford Health set out to improve its success rate in collecting past-due patient bills. The health system increased its in-house collections by more than...
As deductibles and premiums increase, more patients struggle to pay healthcare bills, and, in turn, the patient collections process becomes more and more daunting....
