medical billing

6 Strategies to Improve your Practice’s Medical Billing and Collection Methods

6 Strategies to Improve your Practice’s Medical Billing and Collection Methods

In a study conducted by the Medical Group Management Association, 23.3 percent of total patient services revenue is attributed to collections form patients. It’s an issue for many practices, with 60.1 percent of respondents reporting it as a considerable challenge.

Getting patients to pay will continue to be a growing problem – with patients facing larger medical bills due to rising high-deductible plans. You can help minimize the impact and get your practice’s revenue cycle back on track with these tactics.