Patient collections is an ever present problem for many practices, especially with the rising number of patients on high deductible health plans. Did you know, 20% of most medical practices’ revenue comes from patient co-pays, and most practices only collect 60% of what’s actually due?
Verify those benefits BEFORE the patient’s appointment. Make sure the patient knows all co-pays are due BEFORE the Physician is seen to avoid the “I forgot my wallet” syndrome!