Unlocking the Door to the Best Healthcare Experience The Covid-19 pandemic disrupted our lives and has transformed the way we operate. Some of these changes are here for good and are bound to change how we operate. The pandemic also left a profound impact on every organization globally, but no other industry has been as […]
Patient Collections - A Complicated, yet Critical Process The challenges of patient collections are multifold and for good reasons. A study conducted by Insta Med, a J.P Morgan Company, noted that almost 78% of providers are not able to collect a $1000+ patient balance even in 30 days. With patients taking on more of the […]
Insurance Discovery Solutions- A Prerequisite for Hospitals Have you thought about the total billable insurance coverage that your hospital can get covered for but other vendors miss? Does your hospital have a safety net solution to maximize your reimbursements? With margins in a downward spiral, and rising rates in uncompensated care, hospitals need a quick, […]
One of the most significant challenges affecting hospitals across the United States is uncompensated medical care. Hospital executives nationwide are diligently working to figure out the best way to address uninsured or underinsured patients seeking healthcare services, totaling over $600 billion over the last 20 years. Bad debt can drastically impact financial viability and can […]
For a healthcare organization to work effectively, obtaining accurate patient demographic and insurance information is a vital first step! Failure to do so can lead to denials and delayed payments. In the past, medical providers relied on numerous phone calls and websites to verify patient and insurance information. And this was a very inefficient process. […]
