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Effective Strategies for Collecting from Patients

WebTip #2: Keep a credit card on file. Sounds simple, but keeping a payment method on file to streamline future payments reduces friction. In certain systems, patients can simply log in and schedule payment using saved …

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URL: https://resources.healthcarefinancedirect.com/blog/effective-strategies-for-collecting-from-patients

The Medical Financing Provider Cheat Sheet

WebThe Medical Financing Provider Cheat Sheet. Posted by Jack Craven. In financing. If you run a medical practice in 2019, cultivating a nuanced understanding of medical financing …

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Why Financing Healthcare Is Better Than Sending …

WebHealthcare Financing vs. Collections. 10 Accounts owing $900.00 ea. for a total of $9,000.00. You choose a financing source that averages 96% of all collecting efforts. Patient goes online and set’s up the healthcare …

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Getting the Most Out of Your Patient Finance Team

WebYour patient finance team works hard driving revenue for the practice. But having a patient finance team and having an effective patient finance strategy are two different things.. If …

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Patient Finance… A BETTER WAY

WebThird-party organizations like Healthcare Finance Direct take on the burden of structuring and executing payment plans outside traditional finance channels. Partner with HFD and …

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Medical Financing: When a Credit Score is not enough

WebThe fact is that FICO scores aren’t the last word on lending risk. Our own data proves this: out of a sample of 20,000 patients, we found that patients that had no credit score paid …

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Revenue Revolution eBook: Healthcare Finance Direct

WebExpand your healthcare financing options, increase revenue for your practice. As health insurers shift people into low-premium, high deductible plans, more patients are left …

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Your Patient Doesn’t Qualify For Your Primary Lender. What’s Next

WebWhen looking around the patient finance industry, it’s hard to figure out a good course of action that works well for all of your patients. The questions you are faced with look …

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Blog HFD financing

WebHigh-deductible health insurance plans are becoming the new norm. Only a couple of years ago, plans with more than a $1,300 single-rate deductible were rare, and usually …

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5 GREAT REASONS TO OUTSOURCE YOUR IN-HOUSE PATIENT …

Web“Why should we use your company, we can do the same thing with in-house financing”? This is a common question we receive from providers when they call requesting …

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The Concept of Alchemy and Collecting Patient Responsibility

WebAlchemy is an ancient tradition centered around the transformation of matter. Alchemists were particularly interested in the idea of turning base metals, such as lead, into gold.

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Modern Payment Options for Dental Offices

WebDentists don’t want to turn patients away, but handing out freebies or discounts isn’t a sustainable option. Thankfully, modern payment options have emerged that allow …

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Why the Patients you Don't have are Worth 7x More than the …

WebCapacity to Revenue Model “The Patients You Don’t Have Could Be Worth 7x More than the Patients You Do Have”. Your healthcare practice has a physical facility and fixed …

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Modern Payment Options for Audiology Offices

WebUnfortunately, not everyone can afford audiology treatment with traditional payment methods. Hearing aids can cost up to $6,500, plus the cost of hearing tests, …

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Blog HFD Luke Johnson

WebWith the latest version of the HFD Provider Portal comes some pretty significant changes. First off, we are pleased to announce a feature that our providers have been asking …

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Terms of Service

WebAppointment; Services. Generally. Service Provider retains Company to provide the Services, and Company agrees to provide the Services, pursuant to the terms of this …

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