Patient Financial Engagement
Each of our Patient Financial Engagement services is designed to ensure that healthcare providers recover more revenue while patients receive the assistance they need. We strive to reduce bad debt and improve patient satisfaction through clear communication, comprehensive support, and customized payment options.
Patient Financial Engagement
PATIENT ACCOUNT RECOVERY
Enhancing Financial Health with Effective Patient Solutions
Tailored Recovery Workflows
- Customized workflows that align with patient circumstances, facilitating effective financial recovery.
Minimizing Bad Debt
- Early intervention strategies to prevent delinquency and reduce uncompensated care.
Proactive Account Follow-Up
- Regular follow-up on outstanding balances to ensure prompt resolution and maintain patient engagement.
PAYMENT PLAN ADOPTION & MONITORING
Proactive Solutions that Reduce Defaults & Improve Recovery
Ongoing Monitoring
- Regular oversight of active payment plans to prevent underpayments, delinquency, and missed payments.
Preemptive Actions
- Early interventions and safeguards designed to reduce the risk of default and support financial recovery.
Flexible Options
- Courtesy payment plans tailored to improve compliance, streamline payment management, and increase patient satisfaction.
PROGRAM FUNDING & ENROLLMENTS
Ensuring Access to Vital Funds
Securing External Funding
- Efficiently manage and coordinate patient balance transfers to ease financial transitions and support provider operations.
Streamlined Transfers
- Identify eligible patients and proactively enroll them in appropriate funding programs to reduce out-of-pocket burdens.
Reducing Uncompensated Care
- Leverage external funding sources to minimize uncompensated care and strengthen your financial stability.
Transform Your Patient Financial Engagement
SCHEDULE A CONSULTATION
- Discover how Healthcare Chaos Management can revolutionize your patient financial engagement strategies.
Request a Demo
- Dive deeper into our comprehensive patient financial services and see real-life examples of how we’ve transformed financial engagement for other providers.
