Proven track record of producing results
19-26% increases in new client net collections
67-103% average self pay collections increase
Edit electronic claims resulting in 2% denials as compared to industry average of 25%
Electronic claims submission reduces the payment cycle to as little as 13 days
Encourage patient payments with convenient and friendly options
Multiple payment options including phone, IVR and web
Inbound call center handles patient questions, concerns and payments
Collection source analysis reports demonstrate the effectiveness of the various collection sources
Gain insight into the likelihood of patient payments
Proprietary scoring system for all self pay balances predicts payment percentages based on patients’ credit scores
Billing
Get more reimbursement – faster
A proven history of improving self pay collection rates utilizing resources such as our Payment Arrangement Tools.
Another tool in our self pay trends arsenal, credit scores help predict what patients are likely to pay and how much of their total bill they will pay.
Find out how PracticeMax can help you solve your patient collections problems