Health iPASS Revenue Cycle Insights

Need a Strategy to Collect More Patient Payments? Download Our New Card-On-File Whitepaper!

Posted by Paul Prikazsky on Mar 11, 2019 12:41:46 PM

Think about all of the industries that require a deposit, payment, or a payment method on file before they will perform a paid service. Anytime you go to a hotel, or have work done to your home, or even order takeout, you either need to provide a payment method or turn over cash upon delivery. Not so with healthcare.  Once a patient leaves their provider’s office, there is only a 40% chance that they will pay their bill. In 30% of cases, nothing is ever paid at all. Is that any way to sustain a business?

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Topics: patient payment, Card on file whitepaper, card on file

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