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Patient Payments Blog

Make Payment EASY For Your Patients

Posted by Jim Turner

Oct 10, 2019 8:45:00 AM

I wrote about this in my last post but it bears repeating. Many of us (myself included) need a few reminders before we move forward. My recent experience with trying to pay a bill made me even more passionate about making payment simple for your patients. 

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Topics: Patient Payment Technology, Payments, Patient Experience

You Need To Take Payments Online

Posted by Jim Turner

Sep 26, 2019 8:25:00 AM

The reasons your practice needs to begin taking online payments keep growing. More and more of your patients are accessing bill pay options online. Waiting to make online payments available to them will be seen as a failure to meet their expectations.

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Topics: Financial Policy, Patient Experience, Retail Healthcare

Would You Rather Prevent Or Collect Past Due Balances?

Posted by Jim Turner

Sep 19, 2019 8:30:00 AM

There may be some folks that love to collect past due balances; I just haven’t met any of them. So I’m gong to assume that most of us would rather prevent past due balances and forget having to collect them altogether.

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Topics: Patient Balances, Patient Collections, Past Due Balances

[Infographic] Increased Need For a Healthcare Data Security Strategy

Posted by Easy Pay

Sep 12, 2019 8:33:00 AM

 

We first published this back in 2015 and since, the problem has only grown. Here are the latest statistics:


There was at least one health data breach a day and 503 health data breaches overall in 2018 according to analysis released this week.

The number of breached patient records tripled in 2018, to the tune of some 15 million patient records, according to research released this week.

Those numbers - 5,579,438 records in 2017 to 15,085,302 records in 2018 – come despite only a modest uptick in health data breaches, from 477 in 2017 to 503 in 2018.

https://digitalguardian.com/blog/breached-healthcare-records-tripled-2018


This is what we said in 2015 and it seems we were a bit too accurate!!  - Data breaches of giant retailers Target and Home Depot now seem to have been a foreshadowing of what healthcare could expect. After major breaches suffered by insurance giant Anthem, it seemed that the issue of healthcare data security was thrust into the spotlight. This has left healthcare providers with no choice: become more vigilant against security threats, or risk both clinical and financial disasters.

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Topics: Cybersecurity, Healthcare Data Security

The Most Important Language In Your Financial Policy

Posted by Jim Turner

Aug 29, 2019 9:07:00 AM

Without being rude, a patient needs to be reminded that he or she will most likely owe your practice money. This needs to be clearly stated at the beginning of your relationship. With existing patients, at the beginning point of his or her next treatment.

 

Not only is this reminder the most important part of your financial policy; it is the most difficult to communicate in a non-confrontational way.

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Topics: Patient Payments, Patient Payment Policies, Financial Policy

How Important Is Personal Time To You?

Posted by Jim Turner

Aug 15, 2019 8:26:00 AM

If you could gain an extra hour in your week or day in your month; what would it be worth to you? I’ve often heard the old saying, ‘Once time has been lost, it cannot be regained’. That’s tragic.

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Topics: Medical Office Administration, practice management, Personal Time, Stress

Payment Plans Save Lives

Posted by Jim Turner

Aug 8, 2019 8:27:00 AM

My title sounds far fetched, doesn’t it? It’s over-the-top and a bit ‘National Enquirer’.  A little ridiculous to think that a payment plan could save someone’s life. But it actually relates to a true story.

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Topics: Patient Satisfaction, Payment Plans, Patient Experience

Please and Thank You: Simple Words That Boost Patient Satisfaction

Posted by Jim Turner

Aug 1, 2019 8:27:00 AM

Have you seen the recent stories about Chick-Fil-A? Not the ones that bash them for their stands on hot button issues. But the ones that report they are America’s favorite fast food restaurant? And the ones that talk about how they train their employees? 

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Topics: patient retention, Patient Centered Care, Ideas, improvement

Whom Do You Admire? Learn From Them.

Posted by Jim Turner

Jul 25, 2019 8:23:00 AM

I read a lot of advice. I hear even more advice from colleagues, friends, and family. Much of it ends up in the waste bin that I’m sure exists somewhere in the back of my mind. Heaven forbid that anyone go there and start rummaging around! Some of the advice stays in the front of my mind though. Somehow it sticks.

 

The advice that tends to stick, and work for me, comes from people I admire. And I usually admire people who are pursuing excellence with some success. I think, or at least believe, they have discovered some principles that make their lives, jobs, relationships easier or more effective; so I pay attention.

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Topics: change, improvement

Why Do We Write This Blog?

Posted by Jim Turner

Jul 18, 2019 8:27:00 AM

Aside from the obvious reason of introducing our company and products to you and anyone who happens upon this blog, we have a passion for a wider message. We believe that healthcare professionals deserve to be let in on a great secret. It’s a secret that has massive benefits for the financial health of their practices, and by extension, themselves.

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Topics: Patient Balances, Credit Card On File, Patient Payment Solutions, Patient Collections

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