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Patient Payments Blog

The Elusive Push For Price Transparency In Healthcare: 3 Ways To Make A Start

Posted by Jim Turner

May 10, 2018 8:27:00 AM

Human bodies are complex. Human minds are complex. If you are working on either, you will encounter surprises. The unexpected is the norm. As hard as you try to provide pricing your patients can understand, there are always variables. Complications, new discoveries from the lab or the exam, additional and unanticipated materials were needed, or a hundred other potential issues can arise. These tend to fight against pricing transparency.

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Topics: Pricing Transparency, Fees, Financial Policy

[Quick Read] Patients Pay When They Are Happy With Your Business Office

Posted by Jim Turner

Mar 23, 2018 8:07:00 AM

Funny thing about people. When they are happy with your service, they don’t mind paying for it. When they are dissatisfied, they will delay or refuse payment by a much greater percentage. Check out the graph below.

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Topics: Pricing Transparency, Patient Satisfaction, Medical Office Administration, practice management, Patient Collections Culture, Patient Payment Policies, Patient Payments

Fee Publishing: Business As Usual May Not Work In An Amazon World

Posted by Jim Turner

Feb 1, 2018 8:37:00 AM

 In the complex world of healthcare, fee publishing is a tricky business. You don’t want to give your patients the wrong impression by publishing fees that may not apply to their situation. If publishing fees will lead to patient confusion, it may be best not to. But for most practices, publishing a list of your most common fees can be very helpful and a great way to build patient trust.

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Topics: Financial Policy, Patient Payment Policies, Patient Payment Solutions, Pricing, Pricing Transparency, Fees

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