This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
. – May 2021 , In a continued effort to provide their clients with the best-in-class service and optimize the patient experience, CreditManagement Company (CMC) is proud to announce their partnership with BillingTree! About CreditManagement Company.
To increase billing transparency and streamline payment plans, many healthcare facilities turn to third-party companies to complete post-discharge calls. Collaborating with a third-party accountsreceivablemanagement company can make the process of setting up a payment plan and collecting on bills less challenging.
The survey uncovered that industries such as healthcare, manufacturing, and professional services experience distinct issues in payment collection. Healthcare companies showed considerable exposure to very high DSO, with three-quarters of respondents reporting DSO higher than 46 days.
The amount of data that’s collected in every industry—including healthcare—keeps growing. It’s estimated in 2013 there were about 153 exabytes of healthcare data generated that year and the number was projected to reach 2,314 exabytes in 2020. Did you know existing data can also play a role in improving revenue cycle management?
Such as healthcare services , credit cards, insurance, and so on. CreditManagement Company (CMC) is a nationally recognized AccountsReceivableManagement Company providing services to the Healthcare, Commercial, and Consumer industries. Often, this coverage extends to your business, too.
Predictive Analytics in Healthcare. Here are two examples of how this is being used on the patient-side of healthcare. If you are interested in learning more about our First Party AccountsReceivableManagement Please contact us. Predictive analytics uses data from the past to make predictions about the future.
With 55 years of experience, CreditManagement Company knows that the design of a bill can result in faster payments by patients. Nothing upsets a person more than receiving a bill they don’t understand. While someone inside a healthcare organization may know the meaning of billing codes, the average person does not.
Every hospital has data on which patients opt-in for email messages for scheduling appointments and receiving test results. That gives you a starting point to determine if a person agrees to receive information from their healthcare provider electronically. You should also know which patients use your self-service portal.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content