Every medical practice will have patients with unpaid balances, but those that have smart collection strategies in place will be better off.
It’s inevitable. Every practice will have patients with unpaid balances. While it is unpleasant to ask people to pay you what is owed, it is critical to collect this revenue.
Here are some of the strategies my practice has put in place to improve patient payment collections:
We all work very hard each day and our practice also has bills to pay in a timely manner. Make sure you work those patient responsibility accounts receivable regularly, and collect the money due to your practice.