9 Ways Healthcare Providers Can Improve Co-Pay Collection - InformationWeek
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9 Ways Healthcare Providers Can Improve Co-Pay Collection
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Alison_Diana
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Alison_Diana,
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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.


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