9 Ways Healthcare Providers Can Improve Co-Pay Collection - InformationWeek
IoT
IoT
Healthcare // Analytics
News
8/15/2014
08:06 AM
Alison Diana
Alison Diana
Slideshows

9 Ways Healthcare Providers Can Improve Co-Pay Collection

Co-payments account for about one-fifth of a private practice's funds, but collecting them can be tricky. These strategies and tools help practices get a handle on unpaid bills.
1 of 10

1 of 10
Comment  | 
Print  | 
Comments
Oldest First  |  Newest First  |  Threaded View
Alison_Diana
50%
50%
Alison_Diana,
User Rank: Author
8/15/2014 | 2:49:59 PM
Growing Concern
Earlier today I spoke to another HIT executive who stressed just how much bigger this concern will grow for providers, as more and more patients have to pay either larger co-pays per office visit or will have to spend more out-of-pocket as consumers opt for insurance policies with higher deductibles. Whereas it once might have meant relatively little to a practice's profitability if they didn't collect a high percentage of co-pays, patient payments will account for a bigger chunk of providers' income -- and thus, it is getting more critical for practices to collect every penny they're owed.
News
6 Tech Trends for the Enterprise in 2019
Calvin Hennick, Technology Writer,  11/16/2018
Commentary
Tech Vendors to Watch in 2019
Susan Fogarty, Editor in Chief,  11/13/2018
Commentary
How Automation Empowers the CIO to Think Outside the IT Department
Guest Commentary, Guest Commentary,  11/20/2018
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Enterprise Software Options: Legacy vs. Cloud
InformationWeek's December Trend Report helps IT leaders rethink their enterprise software systems and consider whether cloud-based options like SaaS may better serve their needs.
Slideshows
Flash Poll