It is no secret that healthcare providers are struggling to streamline their cash flow because getting patients to pay in a timely fashion is not always an easy job. Medical debt in the United States has become so commonplace that Forbes reports as many as half of Americans have some kind of medical debt.
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Price transparency is increasingly becoming part of ASCs’ efforts to improve the patient experience. Here’s why it’s so important.
The twofold goal of every ASC is the same: provide excellent ambulatory care, increase revenue. When we think of growing revenue, we often focus only on filling up the OR and working more efficiently. But payment plans are a crucial way to avoid leaving money on the table.
As the COVID-19 pandemic curve starts to flatten in some states, you are probably itching to ramp back up to full speed in your ASC. As we ease into a post-pandemic new normal, consider these tips for ramping up to full capacity post-COVID-19.