Help ensure patient payments by accepting credit cards
If your physician practice is like many others, then every month you have balances due from patients who haven't paid you. You might not be able to eliminate outstanding balances, but accepting credit cards can help you decrease them and increase your monthly revenue. Many practices don't accept credit cards, which have a reputation of being burdensome and expensive. But holding out for cash can cost you big money. Monthly revenues at one New Jersey practice increased by about $2,000 after it started accepting credit cards. Facilities across the country are enjoying similar results.
- ICD-10 Delay Alters Provider, Vendor Prep
- Providers Lag as Consumers Set Agenda
- Payment Reform Naysayers 'Better Wake Up'
- As Hospitalist Patient Loads Rise, So Do Hospital Costs
- Crisis Spurs Healthcare Payment Reform in Arkansas
- HIT Leaders Want Flexibility, Transparency from Next HHS Chief
- Esther Dyson Launches Population Health Challenge
- Reduce Readmissions by Activating Patients to Do 'Self-Care'
- Advance Directives: Let's Make a Law
- Hire Care Coordinators Strategically