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)
In medical billing, time is extremely important because when it comes to claim submissions there is some serious revenue on the line. A timely filing limit is a constant, lingering due date that healthcare providers need to understand.
We’ve gathered a list of 17 celebrity HIPAA violations. The majority of them occurred due to unauthorized personnel checking in on celebrities’ medical records.
When HIPAA was enacted on August 21, 1996, it turned the entire healthcare industry on its head. More than 20 years later, and many healthcare organizations constantly struggle when attempting to stay on top of everything this government regulation entails. So what are some of the most common HIPAA violations?
We will be attending the 2019 Sixteenth Annual MHA Business Summit from March 6th to 8th! This three-day convention is held at Mandalay Bay in Las Vegas, Nevada.
According to healthfinder.gov, 1 in 4 deaths are caused by heart disease every year. That is an upsetting statistic, but luckily heart disease can be prevented by making a few healthy choices.
What should you do to prevent claims denials on the front-end, mid-cycle, and back-end? By engaging our best practice clients and reviewing data from our own denial management system and have come up with 13 ways to prevent claims denials.
Join our Regional Sales Manager, Jaime Timmons, on February 26th at 2:00pm EST and learn how providing customized statements and automation can enhance the patient experience.
When venturing into the payment processing industry, it can hard to differentiate some of the common terminology that is used. The two most common terms that are used in this industry are payment portal and payment gateway.
“Can Medicare patients self-pay?” The answer to that is more complicated than you’d probably expect and it honestly depends.
We’ve started to notice common claims denials our clients experience and have compiled a list of 32 denial codes that have a high chance of prevention.