Before paying a debt in collections, verify it’s legitimate and collectible to avoid scams or zombie debt. You have rights under the Fair Debt Collection Practices Act (FDCPA) that protect you from ...
There’s no doubt that buy now, pay later (BNPL) providers are disrupting consumer credit. The low barrier to entry and prominence at the point of sale have made their growth inevitable, and BNPLs are ...
The last thing you want to learn at your hospital, as a patient sits at your registration desk: They can't pay, and no one knew prior to service Their insurance changed, and authorization is required ...
The following is written by Carol Ciluffo, vice president of revenue cycle management for PINNACLE III. Patient balances continue to rise due to higher co-payments, deductibles and co-insurance, ...
It's no secret that the number of self-pay patients has increased dramatically in recent years. The current state of the sluggish economy means that fewer people receive health insurance through ...
Floyd Medical Center has found success with a payment plan program that pays the entire patient balance upfront, reducing days in AR and keeping cash flowing. As patient out-of-pocket costs increase, ...
Revenue cycle executives for healthcare organizations are focusing their attention on improving patient collections, according to a recent survey of finance executives. The survey, released Monday, ...
Most ambulatory surgery centers (ASCs) occasionally encounter a patient with no insurance or physician who wants to perform a procedure not covered by insurance. If you want your ASC to perform such ...