Quarterly Healthcare Advisory
We’re excited to bring you our first Healthcare Advisory. We think you’ll find that these advisories address issues that matter the most to you. Today’s article discusses 8 tips to help maximize patient self-payment. Along with collecting traditional copayments, physician practices must now worry about steadily increasing patient deductibles. One survey reveals that deductibles as a percentage of the contracted rate increased by at least 20% across the country from 2009 to 2011. This is bad news for the physician because any increase in self-pay is hard to collect. But this article offers some tips — involving work processes, technology and communication — for making that task a little easier. The article concludes with a survey that spotlights patient attitudes toward their payment obligations.
For more information on this topic, please contact your Edelstein healthcare partner. We look forward to sharing timely, relevant, and topical information with you on a quarterly basis through our Healthcare Advisory.