Patient Payment Trends Moving Forward

November 26, 2021 / Alex J. Lau / Billing, Medical Billing, Medical Claims, Patient Billing, Patient Collections, Patient Flow, Patient Medical Billing, Telehealth

Patient Payments in Healthcare are Changing In spite of a “hot-vaxxed summer,” the COVID-19 pandemic lingers, and sadly, even more robustly in some places than ever before. It’s also continuing to take its toll on healthcare consumers, both psychologically and financially. That’s one of several reasons why it’s more critical than ever for healthcare providers […]

Digital Payments, Healthcare, Healthcare Payments, Medical Billing, Medical Digital Payments, Medical Payments, Patient Payments, Payment Trends, Telehealth

Meeting the Challenge of Revenue Cycle Management

September 16, 2021 / Alex J. Lau / A/R, A/R Recovery, Healthcare, Healthcare Billing, Healthcare Outcomes, Medical Billing, Medical Billing Companies, Medical Claims, Patient Billing, Patient Collections, Revenue Cycle Management

Revenue Cycle Management Challenges If a healthcare provider doesn’t set up an efficient billing process, it runs the risk of losing quite a bit of money. With high-deductible insurance plans becoming more widespread, patients are shelling out additional money out of pocket. Or, if the patient is uninsured or underinsured, problems arise since there’s not […]

A/R, A/R Process, A/R Recovery, Accounts Receivable, Healthcare Billing, Healthcare Outcomes, Healthcare Revenue Cycle, Measuring Healthcare Outcomes, Medical Billing, Medical Claims, Medical Revenue Cycle, Patient Billing, Patient Collections, Revenue Cycle Management

7 Medical Billing Strategies to Boost Patient Collections

August 1, 2021 / Alex J. Lau / Behavioral Health Billing, COVID-19 Billing, Hospital Billing, Immunotherapy Billing, Medical Billing, Medical Marijuana Billing, Mental Health Billing, Occupational Therapy Billing, Patient Collections, Physical Therapy Billing, Speech Therapy Billing, Substance Abuse Billing, Toxicology Lab Billing

7 Strategies to Maximize Patient Collections Any medical provider knows how difficult it is to get paid for their services. 73 percent of healthcare providers assert that it takes 30+ days to recover their payment fully. Various issues like complicated billing procedures, changing payer fee schedules, employee attrition, government directives, lack of training and resources […]

Basics of Medical Billing, Collection Process, Medical Billing, Medical Billing Strategies, Medical Billing Strategy, Outsourced Medical Billing, Patient Collections