10 years ago, hospitals probably collected about 5 to 10 percent of their revenue from patients. However, due to the constant change in the self-pay patient landscape, healthcare consumers are now responsible for 30 to 35 percent of their healthcare bill. Patient payment and collection practices are highly complex, forcing patients to evolve into a primary payer source. This shift in volume has lead to a lot uncertainty – and what it will continue to mean in the long term.
In order to efficiently collect on your self-paying patients, it is important to implement an automatic and well-established process that your employees can easily manage and complete. Join our Regional Sales Manager, J.P. Cervo, on Thursday, November 30th for a special webinar event, Recovering Self-Pay Patient Balances, to find out how you can streamline and automate your self-pay patient balance recovery processes.
Recovering Self-Pay Patient Balances
Thursday, November 30th
2:00pm – 3:00pm EST
(Convert to your time zone)
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K2 Compliance employs a Business Process Optimization workflow module that applies organization defined processes to activity tickets. Ticket functionality changes depending on the task or scenario that the selected process addresses.
K2 Compliance is an innovative medium that has redefined the management of the risk assessment process. The application acts as a central hub to store, collect and analyze data relative to an organization’s security risks. Let’s take a quick look at the an asset-based risk assessment process managed through K2 Compliance starting with an organization’s hardware.
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