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Reading Time: < 1 minuteEach month HomeCare Magazine reaches out to industry experts to help answer questions relevant to HME Industry. This month ‘s topic was Tackling the HME Billing Software Market. Because of his experience, Bruce Gehring, our SVP of Business Development, was invited to answer a few questions. His replies from the HomeCare Magazine’s column on August 22, 2018:
GEHRING: Allegiance Group offers the industry results for cash recovery and staff efficiency, automated billing solutions compatible with the provider’s software, customizable and patient-friendly communications, flexible payment options to meet customers’ needs, and custom call center services for customer care and billing support.
GEHRING: Three challenges facing HME providers are increasing staff efficiency, improving collections and growing revenue.
GEHRING: With reimbursement cuts and increased patient responsibility, providers need to focus on private pay collections. COLLECTPlus® enables providers to secure payment information up front and engage in an accelerated billing and collection process. This helps providers recover their private pay balances faster and reduce their collection costs.
Want to learn more about Tackling the HME Billing Software Market?
Read the complete column from HomeCare Magazine.
Quality DME was writing off a lot of patient A/R because they did not have a complete Patient-pay Billing and Collection system. Their staff was responsible for printing and mailing statements but did not have time to make collection calls. So, they used the outside collection company. Without an integration with their collection company, it was challenging to track the payments the collection company received.
Quality DME Boosts Collections through Integration
CareLinc improved intake process significantly; reducing Patient-Pay A/R
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FloMed Infusion Services Maximizes Cash Flow with COLLECTPlus
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