Empowering Patients Helps Improve Your Bottom Line

Price transparency is becoming increasingly more important as we usher in the new era of healthcare consumerism.

While insurance carriers benefit from reduced financial risk, providers and patients struggle to adapt. Patient responsibility accounts for a growing percentage of a practice’s accounts receivable, and that number can be even higher in the early part of the year as many plan deductibles reset in January.

Providers that don’t take action are putting their practice revenue at risk. Fortunately, providers now have access to simple financial clearance tools that help both them and their patients understand what is owed. It also helps providers begin the conversation with their patients.

Download this whitepaper to learn more.