by Medical Accounts Systems | Dec 20, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Research from the JPMorgan Chase Institute shows that about one in six families will make a minimum of one “extraordinary” payment related to healthcare in any given year of about $400. These extraordinary payments hovered just over $2,000 during the period of 2013 to...
by Medical Accounts Systems | Dec 19, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Customer satisfaction and quality patient care are two major priorities for healthcare organizations. To ensure this, it’s important to evaluate patients from a perspective focused on financial, administrative, and clinical. With this perspective, there is greater...
by Medical Accounts Systems | Nov 19, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Changes may be afoot for HIPAA if the Department of Health and Human Services’ Office of Civil Rights (OCR) has its requests granted. The reform may go a long way towards transitioning from paper medical records to a greater adoption of electronic data sharing...
by Medical Accounts Systems | Nov 6, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Generally speaking, the revenue cycle is solely responsible for monitoring money flow in a healthcare organization. But have you ever stopped to consider what kind of role it may play in influencing a patient’s experience? After all, there are several instances where...
by Medical Accounts Systems | Oct 26, 2018 | Healthcare Revenue Cycle Management, medical debt collection
One of the least understood aspects of HIPAA for employers is how it relates to employee privacy and their healthcare benefits. Understanding this is imperative to staying clear of running into issues. Employers are considered a health plan if the employer pays a part...
by Medical Accounts Systems | Oct 23, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Patients age 65 or older that are covered by Medicare may soon see their medical care change in a not so positive way, according to doctors anyway. Each year, the Centers for Medicare and Medicaid Services (CMS) makes proposed tweaks to its fee schedule, which is...