2021 Revenue Cycle Summit
October 5th & 6th | Online | Info & Registration
Learn how MEDITECH’s strategy for analyzing your revenue cycle will help you to stay competitive and fiscally fit.
Happy Half Hour and Trivia
Tuesday at 4:15 PM
Thanks Everyone for Playing!
Contratulations to Emily Lohr and Samantha White, our trivia winners Tuesday afternoon.
alternative to traditional bad debt.
One perspective that has been magnified is the understanding that patients need help affording their care, especially as economic woes continue. Relying on traditional collection strategies to manage patients with outstanding balances, is no longer relevant. An alternative is needed that maintains patient satisfaction scores while nurturing dialogue that resolves balances or identifies financial assistance.
Alternative Approach. Alternative Pricing.
Revolutionary Subscription Pricing
$0.50 per week per account.
No Contingency Fees
eXtended Care Program XCP
The XCP is unique configuration of propensity to pay analytics, presumptive charity screening, and responsive communication technologies. Following your organizations internal billing and outreach efforts, this solution screens and engages patients with affordable options to resolve their balance. By coordinating with hospital financial assistance policies, those that need help can get help before being placed with an outside collection agency.
Positioned at day 120 but before incurring the high cost and negative PR of traditional agency collections, XCP is a non-disruptive program. Whether you insource or outsource self-pay, the strategy is a simple implementation, requiring minimal IT resources. Encore Exchange handles all the heavy lifting.
$0.50 per week delivers:
- Presumptive charity scoring
- Assessment of accounts based on your FAP
- Returned worklists of eligible accounts
- Outreach to patients via SMS text, interactive voice response (IVR), and mail
- Management of inbound patient calls to prequalify for financial assistance
- Empathetic collection agency letters and phone calls that respect your patients’ dignity and preserve your relationship
Do you want to change your traditional use of bad debt, cut costs, and improve your patient relationships?
Request a free collections assessment to see if the XCP can provide value to your organization.