Convert Uninsured Patients into Paying Customers with StrongBox
The benefits of dental insurance are clear. According to the National Association of Dental Plans, preventive dental treatments can lower medical costs by 31 to 67 percent. Despite the advantages, a growing number of uninsured patients are forgoing dental insurance. This can place a financial...
Are You Delivering Revenue Integrity To Your Patients?
Medical and dental businesses are facing two seemingly conflicting realities. While high-deductible health plans and lower Medicare reimbursement rates are compelling many healthcare businesses to do more with less, many of the technological tools that can alleviate these financial pressures are being underutilized. When companies...
RCM tip of the day: Seek a win-win patient-provider outcome
Hospitals should seek a win-win patient-provider outcome through revenue cycle technology solutions, advised John O'Connor, CEO of StrongBox eSolutions, a cloud-based revenue cycle management and patient finance platform. Revenue cycle solutions should create positive financial experiences for patients and increased collection rates for providers, he said "By...
5 Benefits to Higher Dental Revenue Acceleration
Supercharging any dental revenue cycle management (RCM) system has its inherent advantages. After all, improved RCM can lead to a variety of positive outcomes, including higher efficiency, profitability and security as well as patient satisfaction and patient retention.. One of the biggest benefits of implementing...