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3 Ways to Resolve Recent Payment Collection Issues in Medical Billing

p3care

Despite all the issues practice may face, one of the most common is capturing payments from payers. Luckily, modern technology has come up with appealing solutions for effective payment collection. In this blog, we will jump into the details of how to assure easy payment collections from patients and their insurance payers.

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[ANSWERED] Is Zelle HIPAA Compliant?

Etactics

One area that we’re actively seeing advancements in is payments. Mobile payments more specifically. Internationally speaking, more than 2 billion people utilize mobile payment options. It’s predicted that by 2025 mobile payments will make up 79% of all digital transactions. This is happening globally. Not just any banks.

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Divorce Lawyer Payment Plans: 11 Reasons to Offer Them

Etactics

Believe it or not, there’s still an easy solution to solving this conundrum…payment plans. 72% of people say that they would prefer paying legal fees on a payment plan. 72% of people say that they would prefer paying legal fees on a payment plan. That stat isn’t even factoring in payment plans.

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Elevate healthcare delivery with Microsoft Cloud for Healthcare

Cloud Blogs

Plan and execute strategies for implementing new healthcare solutions. They’re engaged in making decisions about their health and healthcare spending, and they expect quick, easy access to their medical information. Streamline workflows and reduce expenses using AI and automation.

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8 Past Due Letter Templates That Get You Paid

Etactics

If you’re an organization, it’s not going to be easy to collect what’s owed. But even conquering all of those preliminary steps doesn’t guarantee payment. Whatever the reason for not receiving payment, you’re still expecting it and including it within your accounts receivable calculation already. Collections?

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Uh oh! The Effects of Not Having a Claim Scrubbed Prior to Submission

Etactics

Although that sounds like a nice and easy process, it’s not. For the sake of this blog post, let’s say that you didn’t bother with assigning your front-end revenue cycle team claim scrubbing responsibilities. Anyway, the point I’m trying to make is that your clearinghouse should run your claims through an automated scrubbing process.

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How to Bill Insurance Companies for Counseling: 5 Easy Steps

Etactics

So the solution to what I’m saying is easy then, right? It’s not that easy. I’d wager to guess that the last thing you thought you would have to worry about when you entered the mental health field was collecting compensation. That’s exactly what this blog post covers. Thus, your process shouldn’t be on a global level.