NPAS: 3 Points for Hospitals on Patient Collections

Here are three points for hospitals about improving patient collections from a National Patient Account Services report.

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Keep up with technology. It’s important to stay abreast of the ever-changing technology in the healthcare environment. When implementing new revenue cycle and collections technology at your hospital, you want to make sure your manual processes are effective and Business Process Outsourcers can help with smoothing out a an inefficiencies.

Make sure patients can pay.
One of the most effective and inexpensive way to work with all accounts is through new dialer systems, according to the report. Use credit-scored accounts to gain insight on the patients’ credit when they enter the facility. You can determine the patient’s ability to pay with their credit score.

Record phone calls. Having the recording of phone calls available allows you to review work done by your BPO, and you can examine any customer service complaints easily with this technology. You can validate a complaint by checking these records and make the necessary changes.

Read the report about keeping an eye on the hospital’s revenue (pdf).

More Coverage from National Patient Account Services:

4 Best Practices for Successful Hospital Management
5 Things Good BPOs Should Do For Hospitals

National Patient Account Services to Attend HFMA’s 2011 ANI: The Healthcare Finance Conference

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