Collections:
Bottom Line Woes? See Improvement With 12 Easy-to-Implement Strategies
Published on Tue Mar 13, 2012
Plus: You'll help meet your patients' changing payment needs, too.Because every dollar counts, every group needs to find ways to improve billing and collections -- and subsequently, the bottom line. Embracing new technologies just might be the way to meet your patients' billing/payment needs and ensure your practice gets every dollar it deserves. "With patients assuming a greater percentage responsibility for their medical bills, there has never been a more important time for practices to evaluate the methods they use to process and collect payments," says Scott McCollum, president of BillingTree in Phoenix, Ariz. "We've found that many practices still only have the ability to collect payment at the time of service." Start with These 12 IdeasTake a look at this rundown of 12 ideas from McCollum that might help your practice improve customer service and boost the bottom line. Then, implement the ones that work in your practice and watch [...]