Sponsor: Rivet Health

Accelerating Patient Payments

Patient A/R is an ever-increasing focus for many practices. Deductibles alone have changed the game as they've ballooned over 200% in the last decade. You can't guarantee payment, but you can improve your patient financial experience and (in turn) collect more, faster. We'll discuss the following strategies to accelerate your cash:

  • Introducing the financial component earlier in the revenue cycle.
  • Communicating with patients through modern platforms.
  • And digitizing payment channels.

By increasing patient financial transparency you'll not only accelerate payments and collect more, you'll also improve the patient experience. This will lead to a happier patient base, a broader referral network, lower A/R, fewer balances going to collections, and a highly efficient team focused on outstanding balances.

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The ROI of Proper Denials Management and Prevention

Sixty-nine percent of industry leaders reported an increase in denials in 2021—a 13% increase, on average, from last year. It’s no surprise denials have increased with the problems you have to tackle such as a lack of RCM team resources, high rates of attrition, an increasing backlog, and use of substandard technology. In our upcoming webinar, we’ll discuss how to properly manage your denials through the following strategies:

  • Capture the low hanging fruit of revenue leakage.
  • Identify the root cause and eliminate costly back-end work.
  • Improve your revenue cycle process to reduce the error rates.

By improving how your team handles denials, you can not only fix your current denials and get your practice the revenue it deserves, but also prevent them from happening in the first place. You can make 2022 one of your best revenue years, yet!

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Breaking Down the No Surprises Act

The "No Surprises Act" went into effect on Jan. 1, 2022. This new legislation addresses medical billing issues at the federal level and establishes transparency and patient protections against surprise medical bills.

In our webinar, we'll discuss everything you need to know about the new law such as:

  • Understanding what it entails and why
  • Advice on compliance*
  • Easy-to-use solutions

By the end of this session, you will have a better understanding of what the No Surprises Act entails, advice on how to stay compliant, and easy-to-use solutions to save you time.

* Not legally binding

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