Improve Outcomes with Patient Collections

Patient balances are an integral part of a practice’s revenue cycle. Taking inventory of the current processes in place to collect patient balances can help you maximize your resources. Time-of-service collections continue to provide the most success. However, the key to increasing collections is directly connected to improving daily processes and implementing protocols for your staff to follow.

If you need assistance or have further questions about practice management issues, contact Cindy Gutierrez, senior specialist of insurance and practice management, at [email protected] or (404) 633-3777, ext. 310.

The healthcare industry is currently in an era of higher copays and deductibles, and effective patient collections are critical to the financial health of practices. The front desk staff of a practice is the first area to help with patient satisfaction and the key to a healthy revenue cycle. This front desk staff must collect…

Physicians will need to enforce stricter policies, procedures to collect patient co-payments, deductibles

As Erin L. Arnold, MD, partner, Orthopaedics and Rheumatology of the North Shore, in Skokie, Ill, observed patients’ health insurance deductibles and copays getting dramatically higher and higher, she decided that it was time to explore a program that would require patients to keep a credit card on file. “As a private practice and small…

As the practice owner, you need to understand all of the in-house finance systems and functions

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Money Matters in Running a Rheumatology Practice

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