With medical debt soon excluded from credit scores due to CFPB changes, practices must shift away from relying on credit bureau reporting. Instead, success depends on patient-centered communication and modern billing methods. Over 50% of patients prefer digital payments. To get paid faster, practices should simplify billing, offer flexible payment plans, automate reminders, and provide online and mobile payment options. Transparent, accessible billing paired with a positive experience strengthens relationships, boosts retention, and improves the financial health of the practice.

Join for free to read