According to the recent studies by ACA International, 29 percent of adults have medical debt or have a hard time keeping up with their medical bills. From these results alone, it’s apparent that something needs to be done to improve patient collections. Physicians and practice owners are already taking drastic
It’s inevitable for practices to come across patients with insurance payment problems every now and again. These can range from patients simply being confused about why they have to co-pay or don’t understand their explanation of benefits statement; to irate patients who refuse to pay or withhold payment that was mistakenly sent to them by their insurance company. When these situations arise, it’s important for your staff to know how to handle them properly as their actions or inaction can affect how the entire practice will be viewed. They also directly affect how efficiently your practice will get paid and consequently, your bottom line.
So how should you deal with patients in these types of situations?
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