February 9, 2024

Strategies to improve patient collection process for 2024

Healthcare in US has evolved considerably post-pandemic!Financial accountability is no longer just on the shoulders of the provider; instead, patients are now held more accountable. The out-of-pocket costs for patients have also significantly increased due to high deductible plans, the annual increase in co-pays, and insurance, making it challenging for the healthcare provider to collect payments on time.

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October 25, 2023

Enhancing Your Practice's Growth and Crafting an Exceptional Patient Journey: A Guide to AnodynePay's Solutions

In today's healthcare landscape, patient care is no longer the only expectation providers must meet. The focus has shifted towards providing an exceptional patient experience that starts from the first appointment and extends to the billing process. Patients today prefer to look online for flexible payment options and understand the provider's financial experiences before deciding on their actions.

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August 22, 2023

How Text-to-Pay Services Can Improve Your Revenue Cycle

How often have we all heard the saying “Communication is Key”? Maintaining a good patient-practice relationship is a fundamental aspect emphasized throughout the medical field. A provider’s communication and billing approach is directly related to the patient’s happiness, loyalty, and improvement in revenue cycle management.

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July 28, 2023

Why are text reminders a better choice than calls for payments

80.5% of consumers check their text notifications within five minutes of receiving a text. Statistics show that patients prefer receiving payment and appointment reminders via text rather than interruptions by phone.

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July 4, 2023

The Role of AI in the Future of Patient Payment Solutions

The wave of impact that Artificial Intelligence (AI) will have in the future is unimaginable, as the capabilities are endless, with benefits beyond borders.

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June 23, 2023

How to Implement a Patient Payment Portal in Your Practice

This blog explores implementing a patient payment portal to enhance patient satisfaction and practice revenue flow.

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March 29, 2023

Tips to scale up your practice by creating a superior patient experience

In the healthcare industry, providing a superior patient experience is crucial for healthcare providers who want to scale up their practice and improve their bottom line. Patients today have more choices than ever before, and they expect to receive high-quality care and an excellent experience from their healthcare providers.

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January 5, 2023

How can Healthcare companies take patient engagement to the next level? 

The healthcare industry has always been quick to adopt new technologies to save lives and enhance the patient experience. AI and automation, in particular, have propelled the medical industry to new heights. Smart wearables and remote patient monitoring allow healthcare providers to treat patients while closely monitoring their vital signs. Healthcare providers can now offer a more thorough experience thanks to improvements in patient engagement solutions.

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November 24, 2022

3 Common Misconceptions Patients Have with Online Pay Services

Online payment portals excel at incentivizing consumers to quickly reimburse services. The sites motivate this behavior with time-saving features like automatic reminders and e-statements. Healthcare practices that adopt internet pay services can significantly improve RCM flow.

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November 17, 2022

4 Pros of Using an Online Payment Platform for Patient Prepayment

Increased patient responsibility has reduced reimbursement security. Many medical practices are circumventing this hurdle through the use of patient prepay.

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September 20, 2022

5 Proven Patient Retention Strategies

Providers looking to improve patient retention rates should adopt patient engagement tools. Discover how using these tools benefits your healthcare practice.

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September 12, 2022

How Patient 360 Analytics Can Enhance Billing and Collections

Patient 360 Analytics provides modern medical practices with the tools to make informed collection decisions. Learn how data analytics benefit providers.

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August 23, 2022

How to Make Patient Financing Work for Your Practice

To avoid payment risk and collection expense, organizations can explore alternative healthcare financing approaches as patient payment solutions, including healthcare credit cards, internally and externally funded loan programs, and various healthcare payment models ranging from value-based reimbursement to alternative payment models. 

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August 12, 2022

How Text-to-Pay Services Can Improve Your Revenue Cycle - OLD

Text-to-pay creates convenience and ease for the patients as they can pay anytime from anywhere. Patients won’t be able to give excuses to delay monthly money and have peace of mind that they have fewer items on their to-do list.

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August 1, 2022

How Patient Portals in Healthcare Improve Patient Engagement

Artificial intelligence and machine learning are the fastest-growing technologies in healthcare RCM. Healthcare providers cited machine learning and artificial intelligence in their patient services and have seen significant growth in patient satisfaction.

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July 25, 2022

6 Ways Patient Financial Engagement Technology Improves Revenue Cycle Performance

Care delivery and RCM significantly improve with the incorporation of patient engagement software. Learn how these systems streamline healthcare billing.

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July 20, 2022

7 Ways To improve Medical Billing and Collection at Medical Practice

Achieving 100% reimbursement and on-time payment is practically impossible. Healthcare providers should try to gain maximum amounts within a specific period.

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July 11, 2022

Enhance Patient Care Using Digital Patient Portals

Patient portal access is a game-changing amenity that improves care. Practices should invest in a consumer website and learn what features it must offer.

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July 6, 2022

The Role of Empathy in Increasing Patient Collections

Empathy has the potential to increase patient collections. Learn how independent practices can improve patient loyalty through understanding.

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June 23, 2022

Role of Personalization in Patient Engagement and Collection

Patients can freely communicate with their providers reducing expenses to visit the hospitals for unnecessary personal appointments. Personalization also improves patient wellbeing and satisfaction.

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June 16, 2022

Rise in Patient Engagement After the No Surprises Billing Act

Medical transparency is a key goal lawmakers have sought with the No Surprises Act. Following this law offers practices potential gains in patient engagement.

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June 9, 2022

Top 5 Ways Technology Can Improve Patient Satisfaction

Healthcare providers have grown their businesses using modern technology and provided better patient services. They enjoy faster patient collections and engage patients in long-term relationships.

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May 31, 2022

5 Features Your Patient Engagement Software Needs

Patient engagement software can simplify financial transactions. To achieve this goal, practices must learn what features their patient portal needs.

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May 18, 2022

5 Ways Patient Payment Solutions Enhance Patient Experience

Practices can send patients a sign-in page before arriving. After receiving a service, patients can pay their bills online. By reducing the time visitors spend with medical workers, providers increase patients’ sense of security. 

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May 9, 2022

Top 4 Ways to Streamline your Patient Billing Leading to Faster Collection

By improving billing practices, health providers can maximize reimbursements. Failing to adopt the best methods available will drive patients away. You must maintain the best practices for billing to build trust and collect payments faster. 

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May 5, 2022

3 Amazing Ways A Patient Payment Portal Can Boost ROI And Revenue Growth

When patients can access their details online, they can easily update themselves on important information about their treatment and outstanding balances. They don’t have to keep calling staff for information.

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May 4, 2022

Incredible Interconnection Between A/R, Patient Engagement, and Patient Statement Detected

The way you send out patient statements in medical billing can reduce your overhead costs and streamline your billing and collection process.

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April 25, 2022

These 4 Things Happen When You Start Using Patient Pay Services

If patients leave an office without paying in full, the chances of collection drop significantly. This fact has led many practices to write off bills soon after failing to get an initial reimbursement.

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April 18, 2022

Faster Patient Collection: Top 5 Ways Technology Can Help

To maintain streamlined revenue cycles, practices must prioritize modern patient engagement methods. Recent technological solutions have paved the way for consistent, speedy reimbursements.

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March 30, 2022

AnodynePay's Patient Balance Collections Feature Makes Billing Procedure Easier: Here is How!

Like any medical practice, your primary goal is to provide the best care for your patients. But you can only do that if you collect payments accurately and on time, so you can stay financially viable.

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March 30, 2022

How Automated Appointment Reminders Reduce Patient No-Shows

According to a study published in the American Journal of Medicine, patients who don’t receive reminders fail to show up for their scheduled appointments around 23% percent of the time. That was before COVID-19.

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March 7, 2022

Why All Healthcare Providers Should Use Patient Payment Portals and How They Pay Off

Patient engagement is essential for the long-term success of a healthcare practice. And one of the best ways to encourage engagement is to give patients more control and access to their health records. Implementing a patient payment portal is a good start.

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February 28, 2022

5 Steps to Improve Patient Collections

The success of your practice’s revenue cycle management depends on several factors, including the effectiveness of your patient collections process. It’s critical to improve this process to keep up with medical payment trends and regulations.

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February 15, 2022

How Credit Card on File System and Auto Pay Can Improve Your Patient Balance Collections

Did you know that 35 percent of your revenue is received from your patient? That’s why you must ensure a reliable and secure platform for collecting payments. A patient payment portal with a credit-card-on-file system will make it easier to collect payments promptly.

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November 17, 2021

Top 5 Tips to Collect Patient Payments Faster

Payment delays cause problems in the entire US healthcare industry since hospitals and providers fail to maintain the same level of care with cash flow gaps. Check out these five easy tips healthcare organizations can follow for quick patient payment collection.

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October 5, 2021

AnodynePay - Speed Up Collection of Patient Balances with Electronic Patient Statements and Reminders

Collecting patient balances is a long-term challenge for healthcare entities. A majority of medical facilities recover only a small proportion of what patients owe.

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