Live Online Classes

A/R Management and Collections

About this program

Back by popular demand – join us for this rebroadcast of a PMI favorite.

The healthcare industry is undergoing extraordinary transformation. Costs continue to rise, placing an increased financial burden on patients and making it even more challenging for providers to collect payments. Is your practice feeling the strain? Healthcare providers, practice managers and billing-collections staff must be prepared to respond proactively to threats that impact the practice's revenue. If you are involved in the reimbursement process, you will benefit from participating in this webinar program.

Join healthcare expert Regina Mixon Bates for an exploration of the legal aspects of collections. She will provide tips for mastering the most difficult collections problems. First and foremost, the medical practice must have an effective financial policy; it is the most critical component for managing revenue, cash flow and collections. Is your policy sufficient in the current climate? Review essential components of an effective policy. Help your office establish policies and processes that support the administration and communication of financial responsibilities.

If your office is caught up in a decreasing reimbursement cycle, it’s time for an A/R intervention! Don't delay to improve insurance data collection, eligibility verification, and patient communication. Implement a fail-safe process to address payment before the patient arrives, when present in the office and post visit. Reduce payment problems that crush your bottom line.

Chat your questions during this interactive session and get answers on how to handle some of your toughest Accounts Receivable and Collections issues.

Highlights:

• Setting collections benchmarks/goals
• Implementing effective financial policies
• Facilitating timely payments
• Educating patients on payment policies
• Requesting payments with confidence
• Handling difficult collections situations