“Medical Practices” Posts

The State of Patient Payments in Health Care

The State of Patient Payments in Health Care

Digital convenience is driving a change in consumer habits. Combine that with the shift to high-deductible health plans, and the result is patients paying more attention to the quality, cost and amenities available to them around the care they receive. Patient Payment Trends Zirmed and Navicure published the 2018 Patient Payment Check-Up survey report which provides key insights into financial collections, communications and methods across both patients and providers. Here’s what we found interesting in patient trends: 1. The desire for digital payment options is growing across age groups. As you might expect, younger patients continue to seek digital…

How Montecito Plastic Surgery Collects Plastic Surgery Payments

How Montecito Plastic Surgery Collects Plastic Surgery Payments

Understandably, any business is most concerned with providing outstanding service. When it comes to managing the business — and the logistics that come with that — easy and effective solutions help business owners focus on what matters most. This is critical for all medical and health care services, where the patient must be the first priority. To help streamline daily close out and focus on providing optimal patient care, Montecito Plastic Surgery looked into new payment providers that offered benefits that both the practice and the patients would enjoy. A friend recommended Dr. Adam Lowenstein look into PayJunction, and the practice experienced…

How Dr. Hrach Obtained Premier Merchant Services for Medical Offices

How Dr. Hrach Obtained Premier Merchant Services for Medical Offices

It can be challenging to manage patient payments, especially if you operate a membership or concierge model for your medical practice. Dr. Barbara Hrach is an internal physician with more than 20 years of experience. When shopping for a payment processing provider that could accommodate both her concierge model as well as her associate’s fee-for-service model, PayJunction stood out as a provider that could integrate both practice models. Along with maintaining its versatility, Dr. Hrach’s practice gained a wealth of payment features that boosted efficiency for her office manager, Jeneva Escalera, and gave her better insights into her…

How to Effectively Collect Patient Payments

How to Effectively Collect Patient Payments

Medical payments are complicated. A reported 76 percent of consumers were confused by bills from their health care providers in 2015. Now, with the health care market moving toward high deductible health plans (HDHPs), consumers are facing an increase in financial responsibility. Plans with higher deductibles have lower monthly premium payments, but consumers are responsible for paying for their care before insurance pays any benefits. It’s natural that patients are not only confused, but frazzled by their outstanding medical bills. The shift to HDHPs is making it more difficult for medical practices to collect payments. Studies reveal a 20…