Many times, when patients receive medical bills, they tend to put those bills on the back burner and either pay erratically or don't pay at all. This poses many issues for the hospitals that supplied services to these patients, as…
TCPA compliance is extremely important. Originally enacted in 1991 to protect people from telemarketers, new regulations have made the rules even more strict. It is becoming increasingly more difficult for a business to contact a client's home phone or cell…
Leveraging technology in the modern medical landscape can be a daunting proposition. But when it comes to improving cash flow, strengthening relationships between you and your patients, and relieving the burden of administrative tasks, there’s one certain—and doable— solution: a…
Self-pay credit balances can be a problem for your organization. Left unaddressed, they can have harmful consequences down the road, yet taking the time to properly resolve them can be a daunting task. So what should you do? Here are…
When it comes to health care in general, the costs are one of the biggest obstacles that everyone faces. People struggle to keep up with changes, and to keep track of what type of coverage they have, and where. The…
Hospitals could experience a cash flow crisis if they fail to address and resolve the rapidly increasing rate of self-pay collections, a recent report by the Aite Group says. Insurers continue to place more and more financial responsibility upon patients…
Researchers at MIT and the Dana-Farber Cancer Institute are proposing a new means of helping people access new therapies for cancer, Hepatitis C, and several rare diseases that might otherwise be too expensive to afford: healthcare loans (HCLs). Healthcare loans…
The shift from a fee-for-service (FFS) reimbursement model toward a value-based one is indicative of an overarching, industry-wide shift that focuses more on the quality of care and service a patient receives. Meaningful and effective communication with patients is the…
Technology is playing an even greater and more prominent role in hospital/patient relationships. Patient demand for electronic health records (EHRs) is on the rise and predicted to be worth over $35 billion in just a few short years. This demand…
Self-pay balances are growing yet they are increasingly hard to collect. Why? Even if you have an in-house team or a variety of vendors who are tasked with chasing down those elusive payments, you're often met with insufficient and oftentimes…
