RCM

How To Prevent Patient Debt With RCM

It’s not uncommon for patients to be financially stressed to the point where they cannot feasibly pay their medical bills at the time of service. This means that the payment ends up getting delayed. Sometimes it can be delayed so much that it turns into an outright case of non-payment. The patient might even stop receiving necessary care. This pattern of delayed payments can even end the long-term relationship between the patient and the provider. Thus, leaving the patient [...]

By |December 2nd, 2022|Categories: Tips|Tags: , , |0 Comments

What Is Payment Posting In RCM For Medical Billing?

Patient responsibility costs and other out of pocket costs continue to rise throughout the United States. This can sometimes lead to delays in payment or failure to pay for services rendered. A patient who pays their co-pay, co-insurance costs, prescriptions, and other out of pocket costs in a timely manner, make it easier to close a claim cycle at payment posting. Also known as “Cash Posting” Payment posting is typically done in one of two ways. The one that [...]

By |December 7th, 2020|Categories: Tips|Tags: , , |0 Comments
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