The paradigm on collecting patient payments is changing at a rapid rate, and for good reason.
Patients are responsible for a greater portion of their healthcare costs today, which has placed a larger burden on them physically and financially. For providers, this new landscape has resulted in a need to change the way that patients are billed in order to best serve their growing needs, as well as maintain a financially solvent business.
Price transparency is important to the bottom line and providers must make a decision to be forthright with their patients. Keeping patients informed, eliminates surprises and builds long-lasting relationships. Finding new ways to communicate and to better serve patients in the long-term become the foundation for better collections models.
Download our recent White Paper to learn more about the three pillars of collecting patients that practices are adopting to better serve healthcare consumers and to collect what they are owed.