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Patient Payments Blog

Why Doctors Making Loans Is A Bad Idea

Posted by Jim Turner

Mar 9, 2018 8:47:00 AM

I’m seeing more and more encouragement, no, insistence that doctors are going to have to get into the loan business. I’ve read two articles in the past two weeks that specifically target the need for doctors to finance patient payments. Many others allude to the need. Some of them are as simple as creating payment plans all the way to actually financing the care with a loan contract. One product site I ran across says straight up – ‘Hospitals are now Banks, too.’

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Topics: Financial Policy, Payments, Past Due, HDHP, Loans

Invitation To A Fireside Chat: A/R Reduction And Payment Success

Posted by Jim Turner

Mar 1, 2018 8:47:00 AM

Join us at HIMSS18 for a fireside chat! Dave Crooks, president of Easy Pay Solutions, will be speaking at BOOTH # 3610 in conjunction with our partner Aprima! 

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Topics: Benefits, Financial Policy, Payments, Past Due, HDHP, practice management, Medical Office Administration, Medical Billers

A Simple Graphic To Ensure Patient Payments.

Posted by Jim Turner

Feb 16, 2017 8:23:00 AM

Simple is just better. Getting paid in an HDHP world has become complex and difficult. Patients don't understand their bills or figure you won't do anything serious for three months so they put you on the back burner. Your A/R is climbing, your cash flow is slowing, and your bad debts are increasing. Here's a simple two step process to get it under control.

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Topics: Patient Payments, healthcare payments, Patient Payment Solutions, practice management, Patient Satisfaction, High Deductible Challenge, HDHP

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