Ebook

Use Good Faith Estimations to Increase Realized Revenue

Use Good Faith Estimations to Increase Realized Revenue

Pages 6 Pages

"Technology has been more successful in estimating and collecting payments from patients, than manual efforts. Patients are more inclined to pay when they understand their responsibility and are prompted to pay through private, self-service check in.” Meet the standards set by The No Surprises Act and increase realized revenue, all with one strategic approach. While this compliance measure helps to provide financial transparency to patients, it also presents practices with an opportunity to increase realized revenue. Collecting patient responsibility or self-pay payments is a challenge that practices are tackling through a technology driven estimations process.

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