Top 3 early out collection strategies to keep patients happy

Posted on June 9, 2023 by Kylene Ordway

In the complex world of medical debt collections, maintaining a positive patient experience is crucial for healthcare providers and debt collection agencies alike. Striking the right balance between efficient debt recovery and patient satisfaction is a challenge. For KeyBridge Medical Revenue Care, specializing in hospital debt collections, implementing effective early out collection strategies is essential. In this blog, we will…

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Top 3 early out collection strategies to keep patients happy

Posted on June 9, 2023 by Kylene Ordway

In the complex world of medical debt collections, maintaining a positive patient experience is crucial for healthcare providers and debt collection agencies alike. Striking the right balance between efficient debt recovery and patient satisfaction is a challenge. For KeyBridge Medical Revenue Care, specializing in hospital…

Read More

How can medical billing services benefit a healthcare provider?

Posted on March 29, 2023 by Kylene Ordway

One key thing to understand about medical billing is that you're ultimately talking about so much more than just making sure patients pay their bills on-time.

The ease of the billing process directly impacts the quality of the patient experience, which…

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What is Healthcare Revenue Cycle Management?

Posted on February 22, 2023 by Kylene Ordway

It doesn't matter what type of healthcare organization you're talking about - be it a small, private practice or a large, national hospital system - each and every one of them provides potentially life-saving care to patients on a daily basis. But at the same…

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Recent Trends and Roles of Emerging Technologies in Revenue Cycle Operations

Posted on January 31, 2023 by Sheldon A. Pink, VP of Revenue Cycle, Luminis Health

Technology will continue to drive the revenue cycle industry due to the continuous newly identified needs of our patients, organizational financial pressures, and state and federal regulation.

The healthcare revenue cycle technology space has significantly evolved over the past five years. Before the pandemic, there…

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How Data-Analysis Can Improve Your Medical Revenue Recovery

Posted on January 16, 2023 by Kylene Ordway

Information is powerful. Without a doubt, many of today’s medical centers, private practices, and large hospital systems struggle to ensure accuracy and an understanding of their patients’ financial needs. Yet, as a provider, the better you manage your debt, the more effective you…

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How to Succeed in Self-pay Collections

Posted on December 15, 2022 by Kylene Ordway

Patients are increasingly more responsible for paying their medical bills outright. High deductible health plans, for example, have made it more common for patients to be responsible for a much larger portion of their medical bills, and some people have no insurance. This means there…

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The 3 Most Time-Consuming Tasks in Medical Billing: Why You Need to Outsource

Posted on October 31, 2022 by Kylene Ordway

As your healthcare practice or business grows, there is a need for added support to manage your medical billing. Yet, even in a small practice, it is now more difficult than ever to ensure you have enough people putting the right amount…

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Is BPO the Solution for Back-Office Shortages?

Posted on September 22, 2022 by Kylene Ordway

Unfortunately, the healthcare industry faces a massive labor shortage, extending beyond clinicians and nurses to the back office. The back office is the part of a medical practice that patients rarely see. The “business” side of the practice deals with medical coding, debt…

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Templates to use in Debt Collection

Posted on August 30, 2022 by Kylene Ordway

According to the United States Census Bureau data, 19% of American households had medical bills they couldn't pay for right away. The median debt is $2000 — however, only 39% of Americans have…

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How to Improve Point of Service Collections Through Better Patient Engagement

Posted on July 19, 2022 by Kylene Ordway

Patient financial responsibility for healthcare costs has grown rapidly over the past few years, rising from 5% to 35% in two decades. Today, patients are now the third-largest payer behind Medicare and Medicaid.

This increase in…

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