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Boost revenue with 5 healthcare billing system updates
Chances are, your practice is not getting as much money from insurance companies as in previous yearsâeven if itâs true that more patients than ever are covered by insurance, and the majority of your revenue probably still comes from insurance companies. But todayâs patients are paying much higher deductibles than even five years ago. For
Vets: Credit Reporting is Your Top Dog
We are frequently asked, âWhy should I outsource collections?â or âWhat advantages in recovering my consumerâs debt do you have that I donât?â The easy answer is this: Our advantage as a professional collection agency is we simply have the tools, resources, and industry expertise required to achieve the recovery rates our clients are desiring.
2 Tips for Reducing No-Shows and Broken Appointments
There are few things more frustrating to a dentist than patient no-shows. Broken appointments are both costly to your practice and can throw a wrench in your daily schedule. When patients miss appointments, not only do you and your staff waste a valuable block in your schedule, but you miss out on revenue that otherwise would
The Emergency Roomâs Latest Visitors: Dental Patients
The emergency room and the dentist office. It used to be a case of ânever the two shall meet,â and customers needing the one had no reason to visit the other. These days, thatâs no longer the case. A growing number of emergency rooms across the nation are taking and treating patients with dental problems. In
Dentists: Ignorance is Not Bliss
If youâve ever shared a toothbrush with a spouse, a partner or a child, hereâs some information that might give you pause, and below we’ll create an association between your toothbrush and your collection agency. Research appearing on MedicalNewsToday.com found more than 60 percent of shared toothbrushes contained traces of fecal matter (yuck!). As unsettling
Changing Trends: Calling Cell Phones for Debt Collection
Everyone has a cellphone, and if youâre calling cell phones to collect on an outstanding debt, a timely call to a personâs cellphone can be an effective way to pursue a collection. But itâs not as easy as it sounds. The industry is flush with rules and procedures regarding collection calls to cellphones and any
Overcoming patient billing complaints: A case for outsourcing
Medical billing is one specialty that has seen a major shift over the past six years. One driving trend is the Affordable Healthcare Act (ACA) and the 20 million Americans who have gained health insurance since 2010, according to the U.S. Department of Health and Human Service. In some cases, these individuals are learning the ropes about health insurance, such
Improve dental collections with this measuring tool
When a patient leaves your dental practice without paying, the account has already begun to drop in value. Later, your staff will have the task of preparing and mailing a bill. What’s more concerning is that, if the patient doesn’t pay their first bill, the chance of recovering the debt diminishes each month the account is past due.
The future of medical billing: A case for digital tools
Take a peek at the hospital of the future. Monitors outside patient rooms give all the pertinent data at a glance. Caregivers use devices for scanning, photos and record keeping. Location devices maintain staff efficiency, while also keeping family members updated on the whereabouts and care of loved ones. This is the vision and goal
Pet Peeves: Veterinary Debt Collection Agency Red Flags!
There are countless reasons why people will fall behind on their bills, and veterinary costs are no exception. Pet owners receive a veterinary bill for more than $1,000 once every six seconds, and many pet owners simply do not have the cash on hand to pay these types of expenses. Try as you may to work
