Managing payer relationships is critical to rev cycle management [Video]

Aug 31, 2015 | Uncategorized

Patients’ bills are paid by a variety of sources, from their personal savings to insurance companies. As a health care facility leader, one of your responsibilities is to manage relationships with those organizations so that money is disbursed on a regular and reliable basis. 

[marker] If you’re currently overwhelmed by the minutiae of collecting payments from patients, the broader relationships you maintain with their payers may suffer. This can lead to under-reimbursement, too many claim denials or unreasonable demands placed on your accounting office. 

[marker] One way companies can give payer relationships the attention they deserve is to outsource receivables management. Contact Professional Medical Services today to learn more about how our solutions can optimize operations in your finance department.