Enhancing Cash Collections & Internal Controls
Healthcare co-payments now account for 20% of total revenue in the typical physician practice, but providers who have not adopted the current set of industry best practices generally only collect 50-60% of these payments. By implementing the best practices in this whitepaper, healthcare providers can increase collection rates to over 90% and decrease billing expenses, both of which contribute to wider operating margins and a healthier bottom line.
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At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
