Hospitals already have a tool at their disposal that addresses affordability for their patients. Financial assistance programs can prevent many patients from having accounts sent to collections in the first place.
With patients assuming greater responsibility for their medical bills, it can be difficult for healthcare organizations to obtain full payment for services rendered. Inefficient billing and administrative processes also contribute to this problem and result in money getting left on the table. In order to maximize revenue cycle management efficiencies and increase medical collections, healthcare […]
