The business side of healthcare has become a real challenge. Healthcare reform, the aging population and the growth of chronic illnesses are pushing the demand for services up, yet declining reimbursement rates and higher costs stifle profitability. Add increased patient financial responsibility to the mix and the risk of not getting paid at all becomes a stark reality.
Big or small, general or sub-specialty, your organization’s success hinges on getting full, timely reimbursement from payers and minimizing patient accounts receivable (AR) exposure. That means scrutinizing every part of the revenue cycle, especially claims management, for productivity and bottom line contribution.
Download the eBook to learn how to:
- Verify eligibility to increase collections
- Prevent and manage denials to boost revenue
- Provide convenient patient payment solutions to reduce cost