RCM tip of the day: Avoid surprises

Amid the rise in high-deductible plans, providers should look for improved strategies and tactics for collecting reimbursement from patients in a timely manner, according to Dustin Hamilton, director of product at ZirMed.

Mr. Hamilton shared the following tip with Becker's Hospital Review: "In addition to collecting copays at in-person visits or during a pre-visit, it's possible to educate patients about estimated charges related to coinsurance and provide the patient with insight on meeting deductibles. An effective patient estimation application can help predict the patient's total financial responsibility based on insurance coverage, plan design, type of encounter and procedure information."

Read more about patient payment here.

If you would like to share your RCM best practices, please email Kelly Gooch at kgooch@beckershealthcare.com to be featured in the "RCM tip of the day" series.

 

More articles on healthcare finance:

NYC Health + Hospitals sees operating loss nearly double to $673M
Wellmark executive reveals which condition Iowa's $12M patient suffers from
NY cancer center avoids Medicare reimbursement cut after $250k typo

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months