Blog
Surprise medical bills put patients, hospitals in a pinch
Letās say a patient visits a hospital or a large clinic, which he had chosen because it was listed in the network provided by the insurance company. Later, the patient gets a nasty surprise in the mail: a larger-than-expected bill for their care. It could be a few hundred dollars higher, or several thousand. In
A serious push to make medical billing patient friendly
Patient billing is a mess. At the very least, it is becoming much more common for patients who struggle to understand their bills and make medical billing patient friendly, all thanks to the proliferation of high-deductible healthcare plans. Thatās why we are excited to see the Healthcare Financial Management Association continue to push the idea
Learn about laws, taxes that can impact utility prices
Utility prices such as electricity and natural gas rates may vary across your state. This can be a source of frustration for your customers, especially if they are comparing rates between public and private utilities. According to an analysis by the New York Times, in 32 of 48 states, customers pay less for public utilities
Simple Tips to Manage Your Officeās Accounts Receivable
Collecting past-due bills from your consumers is a procedure that requires precise action with a sure and deft hand. At the same time, listening to the consumer is key to finding the solution. Each step of the accounts receivable process is an opportunity to help a consumer overcome an inability to pay in full. After
Modernize your utilities collections with these tips
Utilities haveĀ long been regarded as part of a traditional and steady industry that isĀ pretty set in its ways. But that doesn’t mean billing can’tĀ evolve. RetoolingĀ your billing strategiesĀ with better utilities collections practices can decrease past-due accountsĀ whileĀ raisingĀ customer satisfaction. Here are a few tips: Collect and maintain accurate customer data: When customers sign up for service, collect their
Boost Dental Revenues by Examining Your Revenue Cycle
Bringing in new patients is one way to boost dental revenues at your practice, but sometimes, simply paying closer attention to your variousĀ points in the revenue cycle can increase your monthly collections. You can boost the bottom line by fine-tuning these processes. Market to uninsured patients: Not everyone carriesĀ dental insurance, and not havingĀ this coverage is
How to Keep Your Accounts Receivable Knowledge Sharp
Working in a billing office, itās important to keep pace with your industry and take theĀ time to update your skills. This is aĀ smart move in any career, and itās no different for those who work with accounts receivable. As the years and decades pass, you may see little change in the core principals of accountsĀ receivableĀ ā
Vet Collections: Pets Are What They Eat
Every long-time veterinary practice has its stories about what theyāve seen animals consume. Thereās the tale of the Texas frog with a fondness for the ornamental rocks in his cage. He loved them so much he ate 30 of them. Then thereās the German shorthair pointer from Florida that somehow managed to ingest a shish
