by Outsource Receivables, Inc. | Apr 17, 2024 | Patient Self-Pay Options, Financial Services
When it comes to receiving payments, clinics must provide a range of payment options to ensure timely reimbursement for services rendered. Understanding different patient preferences is crucial, as payment behaviors can vary based on factors like age and comfort level...
by Outsource Receivables | Mar 7, 2023 | Patient Self-Pay Options
Increasing high deductible health plans (HDHPs) refers to the trend of patients paying for more of their health care services. When out-of-pocket deductibles reset on January 1st, patients with HDHP deductibles reset. This is not insignificant, with some deductibles...
by Outsource Receivables, Inc. | Jun 15, 2022 | Patient Self-Pay Options
According to a study done by the Kaiser Family Foundation in 2019, the premium for family coverage insurance plans rose 22% over the last five years and 54% over the last ten years, but wages have not increased that quickly. This essentially means healthcare is...
by Outsource Receivables, Inc. | May 24, 2022 | Patient Self-Pay Options
The healthcare industry continues to adapt and change to the times, and your medical clinic should not be left behind. Even without the COVID-19 pandemic speeding up the process of contactless services, the medical world was already moving toward a digital...
by Outsource Receivables, Inc. | Apr 6, 2022 | Patient Self-Pay Options, Virtual Medical Services
When it comes to receiving payments, it’s essential for clinics to offer different payment options to ensure you get reimbursed for your services. There are many factors that go into how patients pay. For example, younger patients are much more likely to pay online,...
by Outsource Receivables, Inc. | Jan 19, 2022 | Patient Self-Pay Options, Cash Flow
With reimbursement rates constantly changing and the No Surprise Act taking effect January 1, 2022, many providers are looking at a challenging first quarter. Collecting payments has already become a large issue for clinics across the nation, but now the added...
