Providers are facing a dramatic increase in self-pay patients due to the economic fallout related to the COVID-19 epidemic. Today, the likelihood of providers collecting all that is owed them is dwindling as they are relying more on their patients for full payment of services. Providers are seeking options to compassionately care for patients and remain financially stable. Learn strategies to increase your average patient collections despite bad payer behavior, unfunded mandates, and an ever-increasing self-pay population. It is possible to positively shift your payer mix and by doing so increase your practices financial health.
After this program, you will be able to:
- Assess your organization's ability to respond to an increasing uninsured population
- Leverage automatically screening of patients for insurance coverage prior to the billing process
- Identify opportunities to intelligently segment your self-pay population and move beyond propensity to pay
- Discover the benefits of conducting presumptive charity screening