Patients are the third largest insurance payers in the US. Hence, insurance companies often witness a sharp incline in their debt balance. Debtors often need help to cope with such a rise in their expenses. Here comes the hero of the show – patient-first healthcare debt collection. Patient-first debt collection is a process that offers… Continue reading How Patient-First Healthcare Debt Collection Mitigates Challenges for Healthcare Providers
Effective Strategies for Managing Denied Claims in Medical Billing
Managing denied claims is a persistent challenge for healthcare agencies, potentially impacting up to 8% of total revenue. This loss can escalate if not addressed promptly. Effective management of denied claims boosts revenue and enhances client loyalty. Leading debt collection agencies can help healthcare organizations prevent up to 90% of denied claims, directly improving financial… Continue reading Effective Strategies for Managing Denied Claims in Medical Billing
