How to Increase Payments and Improve the Patient Journey
Patients who understand their medical bills and are offered flexible payment options are far more likely to pay them. Yet, that seldom occurs in the healthcare sector, where escalating medical costs plague many Americans. Government data estimates…
How ASCs Can Navigate Major Staffing Shortages
One of the most pressing challenges facing ASCs and healthcare organizations today is pervasive staffing shortages. While nursing shortages are nothing new to healthcare industry veterans, the Covid-19 pandemic pushed the issue to a critical turning…
Benefits of Mnet's 1st Party Patient Billing Solutions
As patient payments continue to take up a larger share of provider revenue, healthcare executives need to deploy new strategies and build better financial experiences to increase patient collections and improve patient billing solutions. The…
3 Significant Pain Points Patients Have About Medical Bills
One of the significant impacts of the pandemic is the increase in healthcare consumerism. Job loss due to the pandemic caused many to lose their job-based insurance coverage. This year, as patients continue to have an increasing amount of financial…
3 Things You Need to Know About Surprise Medical Bills
Surprise medical billing is a large issue being discussed across the country. If you have insurance, you would probably call the hospital or your insurer first to make sure the hospital was “in network” with your insurance. You might also need to…
Snapshot: Best Practices for Patient-Friendly Billing
ACA International and the Healthcare Financial Management Association reconvened this year to update best practices for the fair resolution of patients’ medical bills. Here is a look at patient-friendly billing principles highlighted in the report.…
Medical Bills Are Confusing - Patients Need Financial Advocates
Patient financial responsibility is on the rise and shows no signs of slowing down. As medical debt continues to be a growing problem in the United States, many Americans are experiencing financial instability. In fact, more than 137 million…
The Do’s and Don’ts of Text Billing Patients
Text messaging or SMS communication is a great way to reach patients if you want your bill to be seen and dealt with quickly. According to a study by Qualtrics and Accel, young millennials check their phones on average 150 times a day. An eMarketer…
Balance it Out
Working with consumers to explain and help resolve medical bills in collections is a complex process for accounts receivable management companies and their health care provider clients. Add in the mix unexpected out-of-network charges on a…
How to Avoid Revenue Cycle Outsourcing Mistakes
In today’s evolving healthcare landscape, providers look for ways to better adapt to market conditions while sustaining profitability and gaining a competitive edge, so they opt to outsource some or all their revenue cycle functions to a third-party…
Employer-Based Insurance Premiums Create Growing Burden for Families
A growing number of consumers are doling out more of their paychecks for health care premium contributions through their employer insurance plans, according to The Commonwealth Fund Report “The Cost of Employer Insurance is a Growing Burden for…