As more patients find themselves saddled with a high-deductible health plan (HDHP), the financial responsibility for healthcare is becoming an increasing burden for patients.
The advice in our latest tip sheet, Six Tips for Warding off the Negative Revenue Cycle Effects of HDHPs, includes insight that will help your practice prepare such as:
- Why transparency in pricing is more important than ever
- How to effectively set the appropriate expectations at the beginning of the patient relationship
- Why offering additional options will speed up the patient payments
- The critical role your staff plays in the collection process
- …and more!
Never before has a solid patient collection strategy been so important. Following the steps outlined in this tip sheet will help you to develop and implement a solid game plan to reverse the negative revenue cycle effects of HDHPs.