With the rise in the number of patients with high deductibles, it is crucial for physicians to collect out-of-pocket payments to prevent accounts receivable from going overdue. Having an effective self-pay patient collection policy is an important cog in the revenue...
Kidney disease is a growing concern among the U.S. people. As per the Centers for Disease Control and Prevention, 10% of adults (more than 20 million people) in the United States may have Chronic Kidney Disease (CKD) with varying levels of seriousness. The chances of...
The American Medical Association (AMA) announced new resources that will help physicians to overcome the financial risks associated with grace period rule in the Affordable Care Act (ACA). This rule was published by the Centers for Medicare & Medicaid Services...
Even with the establishment of the Affordable Care Act to help avoid mounting bills, consumers are getting drowned in huge medical debts. For physicians too, medical debt collection is more important than ever as the high deductibles and managed care plans are...
Keeping the patients engaged and loyal has become important to the long-term financial viability of a healthcare practice. The new health plans have increase the patient’s financial responsibility and they need to be well-informed about their healthcare options....
