Questioning Collection Agency Spending vs. Identifying Conversion Opportunities Prior to Service

Revenue cycle leaders frequently ask themselves how they can save their organization money or find more of it. And most have identified three ways the patient access department can impact the financial picture of their organization – spend less to run the department, provide high quality patient account data for cleaner claims and fewer denials, and/or collect more up-front monies from patients prior to or at time of service.
But there may be one area that leaders are overlooking. It’s a practice that has become quite acceptable, but in these days of reduced reimbursement and ever-increasing A/R days and bad debt, it may need a second look. That practice is…

Download: Questioning Early Out Collections Spending Vs. Identifying Pre-Service Conversion Opportunities