Medical Upfront Collections Trends

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Who Had Medical Debt in the United …

https://www.census.gov/library/stories/2021/04/who-had-medical-debt-in-united-states.html

Nineteen percent of U.S. households could not afford to pay for medical care up front or when they received care in 2017, according to new U.S. Census Bureau data on the burden …

Analyzing pre-payment and point-of-service collections …

https://www.hfma.org/technology/analyzing-pre-payment-and-point-of-service-collections-efforts/

Point-of-service collections. Nearly half (49%) of survey participants say they have point-of-service collections policies and procedures in place. As with pre …

Best Practices for Improving Patient Collections - hfma

https://www.hfma.org/revenue-cycle/patient-financial-communications/59551/

In the white paper Technology and Data-Driven Decisions Driving Best Practices for Patient Collections, Experian Health analyzes the results of two recently …

Medical collections a majority of all collections despite wider …

https://www.medicaleconomics.com/view/medical-collections-a-majority-of-all-collections-despite-wider-overall-decline

A report from the Consumer Financial Protection Bureau examining trends of credit reporting of debt collections from 2018 to 2022 found the total number of …

Key 2020 trends to improve patient collections pre and post service

https://go.beckershospitalreview.com/key-2020-trends-to-improve-patient-collections-pre-and-post-service

Sponsored by iVita Financial, Eliciting Insights recently conducted research on key patient collections strategies with health system revenue cycle leaders to understand current …

Patient Collections Takes Over a Month for Most Providers

https://revcycleintelligence.com/news/patient-collections-takes-over-a-month-for-most-providers

About 65 percent of providers in the report saw an increase in patient financial responsibility. Based on the latest data from TransUnion Healthcare, that …

4 Benefits of the Upfront Patient Collections Process - Infinx

https://www.infinx.com/blog/4-benefits-of-the-upfront-patient-collections-process/

Through clear communication based on trusted and accurate estimations, patients are encouraged to take a proactive stance in paying for services and can rest assured …

5 Trends in Managing Patient Collections - revelemd.com

https://www.revelemd.com/blog/5-trends-in-managing-patient-collections

COVID-19 and Inflation’s Toll on Physician Practice Collections October 25, 2022 Revenue Cycle EHR Telehealth Prioritizing User Experience in Healthcare Patient …

Increase upfront collections: It's more important now than ever

https://www.reliasmedia.com/articles/16262-increase-upfront-collections-it-s-more-important-now-than-ever

In today's down economy, increasing upfront collections is even more important for patient access departments, but it's getting harder as many patients are …

The Importance of Up-Front Patient …

https://www.nextech.com/blog/the-importance-of-up-front-patient-payments

Ways to make up-front collections easier include: 1. Always identify patient responsibilities well in advance. An e-eligibility service can work wonders at …

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