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Patient Payments Blog

Easy Graphic: How Card-On-File Works To Reduce A/R

Posted by Easy Pay

Mar 7, 2019 8:37:00 AM

This week we revisit another graphic that helps explain how something as simple as getting a payment card-on-file can reduce outstanding receivables. Getting paid at EOB or having a payment plan already set will save your practice the hassle and costs of chasing the patient for payment. 

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Topics: Credit Card On File, Patient Payments

Easy Graphic: Reduce Patient Balances To 30 Days And Under

Posted by Easy Pay

Feb 28, 2019 8:53:00 AM

We've posted this graphic in the past but thought it would be a good reminder of how getting a card-on-file simplifies the patient payment process. Follow the two sides down and compare your office to them to get a feel for what you could accomplish. 

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Topics: Credit Card On File, Patient Payments

Cashflow Hacks To Increase Your Bank Balance

Posted by Jim Turner

Feb 21, 2019 8:38:00 AM

Practices often struggle to keep cashflow even and bank account balances topped off. The business side of healthcare provides constant challenges to cashflow. Claim denials, increasing patient A/R, increasing costs for supplies, labor, and leases all add to the cash crunch.

 

 

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Topics: medical practice management, practice management, Front Office, Cashflow

The Incredible Difficulty Of Your Job

Posted by Jim Turner

Feb 14, 2019 8:47:00 AM

 

I’m at HIMSS 2019 in Orlando this week and I’m overwhelmed. The showcase of vendors alone is nearly a mile long - under roof. It’s a carnival of ideas, solutions, and promises. There’s enough signage here to make New York and Tokyo look like a roadside farmer’s market in comparison.

 

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Topics: Thank You, HIMSS 2019

When Your Customers Write About You

Posted by Easy Pay

Feb 7, 2019 3:16:27 PM

It's not often that a company has customers that think enough of them to write and submit an article to a leading healthcare business publication, but one of ours did. 

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Topics: Patient Balances, Patient Collections Culture, Results

Third Party Billers and RCM Companies Can Save Time and Lower Risk

Posted by Jim Turner

Jan 31, 2019 8:34:00 AM

Are you creating more work and added risk for your staff and the practices you serve? 

 

I’ve worked with billing and RCM companies who were unaware they could save many man-hours by streamlining the payments they accept from patients. I’ve also had many discussions over the years to find that both billing/RCM companies and practices engage in some very risky behavior when it comes to patient payments.

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Topics: Patient Payment Technology, RCM Technology, third party billing

2019 Deductible Season Is Here

Posted by Jim Turner

Jan 10, 2019 8:57:00 AM

Deductibles have reset and patients will be paying your bills out of pocket for the next few months. Do you have a good way to ensure they’ll pay on time?

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Topics: accounts receivable, change, Ideas, Financial Policy

To An Incredible 2019!!

Posted by Easy Pay

Dec 27, 2018 8:24:00 AM

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Topics: year end

A Message From Easy Pay

Posted by Easy Pay

Dec 20, 2018 9:05:00 AM

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FREE Graphic: New Study: Same Story For Patient Preferences

Posted by Jim Turner

Dec 6, 2018 8:37:00 AM

A new study hot-off-the-press makes the same conclusion I’ve seen studies make for the last ten years. The percentages are a little higher but the trend continues. Patients don’t like phone calls concerning their balances. They prefer anything BUT a phone call. Consider this key finding from the study:

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Topics: Patient Balances, Patient Centered Care, practice management, Patient Satisfaction

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