Self-pay is exploding in practices today and will be even more in the future. With the latest Supreme Court ruling upholding the proposed Healthcare Law (ACA), insurance exchanges will mean more currently uncovered persons will have access to new coverage that will bring higher deductibles and more
out-of- pocket expenses. It may also mean many more patients seeking medical services but not fully understanding their benefits and responsibilities.The need to focus on self-pay has never been greater. To
guarantee your practice does not fall under the weight of volume or fail to quickly develop a plan for self-pay, Medical Management Services has developed these strategies for practices to incorporate into their collection efforts.
The issue of self-pay is complicated by the economy; lay-offs, loss of insurance, and other economic hardships have placed some patients at a clear disadvantage. Consideration for these patients, especially long-standing patients with good payment history, may need special handling. In considering the below
strategies, you may want to consider patients in this category apart from the regular policies.
If you would like to read more,Click Here to receive your copy of this complimentary white paper, complete the form to the right and a copy will be emailed directly to you!