Are you implementing new healthcare payment solutions in your practice or doctors’ office? Are you finding that your staff members are not exactly embracing the change? Unfortunately, this is a common problem in medical settings. No sooner do you put one system in place than you introduce another. New regulations, new procedures, a change to payment and billing cultures, and insurance mandates are making the job challenging. It is no wonder that practice staff members find it so difficult to keep up with...

These days, medical professionals are having to become more aware of costs. The cost of processing payments is just one of the factors they must bear in mind. More practices nowadays are struggling to stay financially afloat. They, therefore, need to find ways to streamline their expenses and make their practices more profitable. This is something that the healthcare payments industry is eager to address. This is especially important since many practice managers believe that minimizing their practice...

Implementing a card on file healthcare payment processing solution is often the way forward for many practices. However, it isn’t something that a practice can do without appropriate preparation. You need to guide your staff members through the process carefully to ensure acceptance and smooth running. Here, we offer you our expert guide to putting this system in place for your practice. This will help you and your team to get on board from the outset.

Does your practice struggle to maintain an even cash flow and a balanced bank account? It’s fair to say healthcare’s business side is constantly challenging cash flow. Increasing supply costs, higher labor costs, more expensive leases, and claim denials can cause a cash crush. It falls on providers of healthcare services to offer a full-service patient approach against operating a healthy bank balance. However, how can practices focus on good patient ware when business concerns are being pushed to the...

• New BillingTree COO role created to accommodate company’s sustained growth in current and rapidly emerging verticals
• Position oversees company operations, risk, underwriting, compliance and client support, reporting directly to recently hired Chief Executive Officer Chris Lee

Phoenix, Ariz. – March 28, 2019 BillingTree®, the payment problem solvers™, today announced Terri Harwood has been appointed Chief Operating Officer. In this newly created position, Ms. Harwood will lead BillingTree Operations...

It is not a lot of fun to collect patient payments. However, a large percentage of your practice’s revenue now comes from patients’ pockets. Healthcare organizations can no longer deny the importance of proper management of patient payments. High deductibles have a key role to play when it comes to patients’ out-of-pocket costs. Patients are increasingly having to pay higher percentages of their care themselves. This amounts to thousands of dollars. It is, therefore, impossible to avoid collecting...

There are countless margins for error in healthcare payment processing. Sometimes, patients fail to properly understand their medical coverage. Sometimes, demographic details on the provider’s files are incorrect. However, almost three-quarters of providers are now reporting that it is taking more than a month to receive patient payments. So, what can a provider do to overcome payment challenges? How can he or she receive a larger proportion of the money his or her patients owe? One new and unique...

All private medical practices owe their success to the proper management of their revenue cycles. In order to receive prompt insurance reimbursement, they must submit their claims accurately and in a timely manner. However, these days, increasingly, practices have started to demand more money from their patients. Physicians in private practice are having to wait for many weeks to receive their payments. Even when those payments are forthcoming, they are frequently lower than the cost of providing those...

These days, there are more high-deductible health insurance plans than ever before. Therefore, it is necessary to optimize modern healthcare payment systems to ensure effective revenue cycle management. If your healthcare organization is struggling, these eight statistics could shock you into focusing your efforts onto patient payment collection.