Wednesday, April 27, 2016
Revenue Cycle Management Services to Improve a Medical Center’s Profit
Some patients that are cared for in your medical center facility will pay cash on the spot at the time services are rendered. Others may have insurance that will pay for most services, and the patients may pay their co-pay immediately. Still others, however, will have large bills that need to be collected, and they will not have the immediate means to do so. It can be costly for your hospital to pay for services that are uncollected, and review cycle management services are available to assist in improving the collections process.