Patient Payments Archives - Page 2 of 2 - Sift Healthcare
Surprise Medical Bills Are Bad For Healthcare Providers
Patient payments are often difficult for healthcare providers. Even more so when the expense is unexpected, as in surprise billing. Surprise bills (or balance billing) increase the odds of underpayment or no payment for provider services. Surprise bills are a...
Self-Pay Patients & Regulation Around Medical Billing
Healthcare providers must understand federal regulations that apply to payments from self-pay patients, specifically the Fair Debt Collection Practices Act (FDCPA). Litigation around FDCPA is increasing and with surprise medical billing in the crosshairs, healthcare providers and revenue cycle managers...
Stop Using Credit Scores For Propensity To Pay
Consumer debt on credit reports is not an indicator of a patient's (or rather, consumer’s) ability or willingness to pay their healthcare bills. Most propensity to pay models rely on credit scores. Healthcare providers need to know how their payments...
Is Your Patient Payment Targeting Legal?
As the volume of patient payments increases, many healthcare providers unknowingly violate regulation around patient targeting (like ECOA). Developing a collections strategy that maximizes patient payments and maintains compliance is critical for healthcare providers of all sizes.