Importance of Patient Billing Services
People have never considered that a patient billing procedure is so important as it is nowadays. The expenses incurred on healthcare is colossal by patients covered by the high deductible health plans (HDHPs). The recent research indicates that up to 30 to 40 percent of the overall revenue of the practice was being literally pulled out of the pocket of the patients. But not every time is such payment amicable.
There are misinterpreted statements, late payments and collection of money and manual entries of data that are the common problems and they result in terms of customer dissatisfaction and loss of revenue.
What is needed to cope with these issues is a well-organized patient-based billing strategy. At NexCure LLC, our patient billing and collections services are all-inclusive and the package can help in streamlining your revenue cycle, minimize bad debt, and make the best of patient relations.
