Improve Patient Satisfaction and Practice Cash Flow
Consumers’ share of out-of-pocket medical expenses has increased dramatically over the last 15 years. Out-of-pocket spend reached $365 billion in 2017 alone, representing a 3.6% increase from 2016. At the same time, taking a cue from online retail shopping, today’s medical consumer has come to expect speed, convenience and transparency in their medical purchasing experience. In this whitepaper you will learn about human and technology-based solutions that healthcare practices can implement to help families deal with their rising healthcare financial responsibility. Providing safe, convenient and efficient payment methods that help facilitate timely and predictable payments are a win/win for patients and practices alike.
- Understand how outdated billing practices can hurt your business
- Learn how to effectively implement and use alternative payment methods to increase your revenue
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