Revenue Cycle Payment Clarity Can Help Your Patients—and Your Bottom Line
“In this environment, healthcare providers need payment clarity: visibility into when and how much they will be paid, by whom, and the ability to better navigate the many obstacles to payment for care.”
Healthcare providers are principally concerned with two goals: first, providing quality care to patients; second, getting paid for that care. While advances in medicine and technology are making it easier to help patients get well, new payment models are often making it more challenging to get paid.
The increasing prevalence of high-deductible health plans, evolving payment models and regulatory changes are leaving a growing number of patients liable for larger portions of their bills—and providers unsure about reimbursement. In this environment, healthcare providers need payment clarity: visibility into when and how much they will be paid, by whom, and the ability to better navigate the many obstacles to payment for care.
Providers need to adopt new strategies to adapt and remain financially viable within the changing payment environment. Download the white paper, “Revenue Cycle Payment Clarity” to learn how to:
• Identify opportunities where tools and processes can be deployed to address payment issues
• Furnish more accurate cost estimates to patients prior to service
• Be ready to collect more from patients at the point of service
• Be sensitive in your collection efforts to positively affect patient satisfaction scores