Improve Patient Payments
Knowing applicable patient balances help in a setup of Patient Payments plans before the service is provided if a patient has a financial hardship and eliminates writing off bad debts.
Most members Health coverage includes a co-payment, a deductible amount, and co-insurance. Upfront explanation of applicable balance and transparency enhances patient satisfaction and facilitates hassle free payments to providers. This ensures payments without traditional method of sending statements, phone calls, and commissions to collection agencies. Also, we provide you Patient Statements which provides you with the variety of easy to read, engaging and informative reports to know the financial health of your practice with a click of a button. These reports show you how your practice is performing on important revenue cycle metrics, whether the claims are being paid in a timely fashion and how well insurance carriers are reimbursing you for a particular CPT.