13 Things To Know To Optimize Your Patient-Pay Performance

1. High Deductible Health Plans Are Leading to an Increase in Patient Responsibility
2. What Is Your In-source/Outsource Strategy?
3. Leading Providers Have Great Point-Of-Service and Business Office Follow Up.
4. Different Patients Need Different Types of Engagement to Help Resolve Their Bills
5. Prioritizing Collection Efforts by Balance and Age Leaves Money on the Table.
6. Prioritizing Collection Efforts Using Segmentation Can Increase Cash
7. Credit Scores Are Not a Panacea for Patient-Pay
8. Poverty Can’t Be Measured by a Credit Score or Propensity to Pay Score
9. Estimated Household Income Alone Is Insufficient for Charity Determination
10. A Significant Portion of People Living in Poverty Will Not Participate in Financial Counseling
11. Every Business Office Can Benefit from Predictive Analy Tics That Drive Patient-Pay Workflow Optimization
12. Vendor Management Provides Insights into Collection Agency Operations and Performance
13. Collection ROI Is the Key Metric of Success

Source: Connance
Source URL: http://www.connance.com/wp-content/uploads/2018/05/con-wp-13...

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