What Is On the Patient-Payment Horizon?
If history is any lesson, the adoption of new technologies occurs in dramatic spurts as much as it does in a smooth linear fashion. Barely 8,000 motor vehicles were registered in 1900. By 1915, that number topped 2 million. The internet, propelled by advances in...
Combatting the Collection Challenge of High Deductible Health Plans
1 in 3 insured Americans have a high deductible health plan (HDHP), defined by the IRS as any insurance plan with a deductible of at least $1,350 for individuals and $2,700 for families. While the HDHP represents a significant portion of all insured people, it...
Solutions for Common Debt Collection Issues Facing Dental Offices
Dental offices across the country face a challenge that seems to worsen year after year: collecting unpaid patient bills. Although uninsured patients have been routine sources of underpayment or non-payment, insured patients are quickly matching the non-compliance rates of their uninsured counterparts. As a result,...
StrongBox Medical Patient Payment Portal: Get Paid Faster
In today’s economy, several medical practice owners are worried about their patients’ ability to pay for services. This is a reasonable concern. After all, in order for your practice to meet its full potential, you must hone your revenue cycle management so that claims, billing,...