Consider payment compliance to boost the amount of payments and collections you receive. Not one medical professional in this business feels it is okay to let payments slip by and go unpaid. But unfortunately, many medical providers wind up allowing it, whether or not they actually know they are doing it.
Consider payment compliance as part of an overhaul of your system’s worth. Understand that the way you receive and collect payments now probably is not working, at least not as effectively and efficiently as you would have hoped. When you opened your practice or joined the facility, you probably had clear ideas about how you would collect payments, but life happens and things change. With payment compliance, everything will be brought up to speed. So your collections will improve, your practice’s financial bottom line will get better and your operational efficiencies will be enhanced.
This is a great source for more.