Speech Strategies and Best Practices for Optimizing Self-Pay Collections

Strategies and Best Practices for Optimizing Self-Pay Collections

The current payor landscape is changing as insurers seek to aggressively reduce costs by passing them on to consumers. As such, healthcare organizations will need to respond with thoughtful strategies for self-pay receivables management. If not properly managed, self-pay balances can become difficult and costly to collect due to the high-volume, low-dollar nature of claims, as well as the manual intervention required to collect payment. This presentation provides an in-depth overview of self-pay collections and strategies for ensuring an optimal financial policy.