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PostPosted: Sat Nov 03, 2018 3:07 am    Post subject: measures to curb non priority expenditures and to free Reply with quote

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One of the biggest trends weíre seeing in healthcare today is a shift towards high deductible plans. This shift first started as more and more employers stopped offering insurance or cut the type of health insurance they offered. This started the trend towards individuals purchasing high deductible insurance plans.
While the shift to high deductible insurance plans started well before the Affordable Care Act (ACA), the government mandated health insurance and associated health insurance exchanges (HIX) have thrown gas on the already flaming fire. What most patients didnít realize when they signed up for insurance on the governmentís HIX is that a large majority of the plans were high deductible insurance plans. This has led to a huge influx in high deductible plans entering medical offices.
What does this increase in high deductible plans mean?
This change is one of the most significant changes in healthcare reimbursement weíve seen. High deductible plans mean a major shift in who will be paying the bill. Instead of collecting most of your money from insurance companies, your clinic will need to become expert at collecting money from patients as well. Yes, thatís right. Youíre still going to have to collect from the insurance companies like before Cheap Seattle Mariners Jersey , but youíre going to have to build additional expertise around collecting payments from patients too.
While itís true that clinics have been collecting payments from patients forever, that doesnít mean that clinics have been doing a good job of actually collecting the money. In fact, I find practice after practice who hasnít stayed on top of their patient collections. In the end, they often send their patient collections to a collections agency which frustrates the patients and tarnishes their name or they just write off the patient pay portion completely.
Suggestions to Improve Patient Collections
The first step to improving patient collections is to really understand the details of your patientís insurance plan. This starts with doing an insurance eligibility check and verifying your patientís plan details. We wrote about ways to streamline your insurance eligibility checks previously. Doing it right takes time Cheap St. Louis Cardinals Jersey , but with the right workflow automation solutions you can make sure that those working in your practice have the right insurance information. Once they have the right payment information, youíre much more likely to collect the payment from the patient while theyíre standing in fr. Authentic MLB Jerseys Wholesale Cheap Authentic Jerseys Authentic NFL Jerseys Wholesale Authentic Soccer Jerseys China Replica NHL Jerseys Cheap Cheap NBA Jerseys From China Cheap Authentic MLB Jerseys Cheap Wholesale Jerseys Cheap New NHL Jerseys Cheap Nike NFL Jerseys
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PostPosted: Sat Jan 18, 2020 6:09 pm    Post subject: Reply with quote

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