Understanding your opportunity

Understanding Your Opportunity

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Establishing Your Process

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Maximizing Your Payments

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Improving Your Performance

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With the introduction and increased popularity of high deductible plans, there is more pressure than ever on the patient to pay their share.  The average deductible for a high deductible plan is more than $5700, making out of pocket costs significant! How are your patients going to pay for deductibles, copays and items that are not covered by insurance?  And how will those increasing payments impact your business?

Here’s what you need to consider:

 
The chart below illustrates how Patient Pay Balances nearly doubled from 2010 to 2015 and how they will nearly double again from 2015 to 2020.
 

COLLECTPlus is like having another person beside me, helping me with collections!"

Tami, Billing Manager