This is an AArete Healthcare Provider insight
Reliably collect the money owed
In a recently published Physicians Practice® article, AArete’s John Marchisin, Managing Director leading AArete’s Profitability Improvement solutions, and Ravi Kumrah, Managing Director leading AArete’s Healthcare Provider practice, address the challenges faced by healthcare providers CFOs in managing bad debt. As the value-based care reimbursement model places emphasis on patient experience, it becomes crucial to reconsider how bad debt has traditionally been managed.
Healthcare systems need to undergo significant culture shifts for bad debt management to evolve with healthcare payer and patient needs, but if they do, there are significant benefits for both the hospital system and patients.
Learn more about AArete’s Profitability Improvement solutions