Debt has been a major economic problem across the nation, and the medical industry is now beginning to feel the sting.
Hi there, and welcome to the Professional Medical Services blog.
No matter how worrisome debt collection becomes in a health care environment, though, the patient needs to come first. MarketWatch recently reported that the average American household might go broke from just one unexpected medical expense.
Being conscious of that can actually help improve a medical facility’s financial stability. Incorporating flexible payment plans and other patient-centric options that show the hospital understands the hardship can also have an exceptional impact on customer relationships.
Have you considered working with an outsourced medical collections provider to streamline the accounts receivable department?
See you again next time!
