Patients aren’t the only ones feeling the impact of balance billing. Medical practices, too, struggle with high deductibles – partly because patient debts can be so hard to collect. And the higher the balance, the harder it is to for you to collect. As a medical provider, you cannot afford to ignore this – because there’s no guarantee that the patients are going to pay their bill. So how do you avoid such type of out of network balance billing situations, or handle them effectively if they take place?
Attend this webinar by medical billing specialist Stephanie Thomas, who will teach you how to set up payment plans that work for YOU, speak appropriately with patients about their bill and balance, and the tips, and the tricks and techniques to collect payments from patients. Learn about the different types of patient responsibility, the difference between “in network” and “out of network” balances, and the tactics on pre auth and pre certifications to ensure you get fully paid.
Thomas will walk you through examples of collection letters and verbiage, explain the different types of patient balances (and what they mean), and instruct you on how to explain them clearly to patients. She will teach you about the different payer policies, and explain how they can affect a patient’s dues. You will learn how to write financial policies and what to include in them, and how to deal with patients beforehand to ensure that you are paid fully for the services you rendered. She will bring you up to speed with the different state and federal laws on medical debt collection, and also teach you how to communicate effectively with distraught patients.
After attending this session, you will able to implement a financial policy for your medical practice/group, and feel confident in your ability to collect every cent from your outstanding patient accounts receivable (AR).
Here’s a taste of what you will learn:
Who Should Attend
Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.
Stephanie Thomas is the Billing Director for CE Medical Group, a third party billing and consulting firm. Stephanie has been in the medical field for nearly 20 years. Her experience includes private practice administration, medical billing for several specialties, practice management consulting for numerous physicians and ASC’s across the nation.... More Info