As high-deductible health plans and rising out-of-pocket costs shift more financial responsibility to patients, healthcare providers are facing a growing challenge: getting paid. Payment delays strain ...

Financial performance defines the strength and longevity of healthcare institutions. Efficient billing, accurate coding, and ...

Changing payment systems are putting pressure on hospitals to deliver value. Value is defined as quality, for a reasonable price. As hospitals and health systems strive to decrease the costs of the ...

You might approach accounts payable as a necessary part of doing business, with little strategy required. You receive a bill, wait 30 days, then send a check. But it might be time to change that. By ...

Insurance eligibility and benefit verification has long been a cornerstone of healthcare operations. Yet for many providers, the traditional manual process remains a source of inefficiency and ...

Dean Kaplan is President of The Kaplan Group. He writes about business debt collection, contract negotiations and provides financial advice. Businesses in every sector are moving processes that were ...

Contact center solutions for the health network need to have better outreach and call handling to ensure payment-related queries are answered. Patient problems should be resolved by having automated ...

The avalanche method is a debt repayment strategy focusing on paying off the account with the highest APR first, moving down from there. The debt avalanche method can take longer than other repayment ...

In today’s dynamic financial environment, lending businesses are under growing pressure. Rising delinquency rates, shifting customer expectations, and economic volatility are making traditional, ...