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Credit Management Company Partners with BillingTree

Credit Management Company

. – May 2021 , In a continued effort to provide their clients with the best-in-class service and optimize the patient experience, Credit Management Company (CMC) is proud to announce their partnership with BillingTree! About Credit Management Company.

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Post-Discharge Calling Services for Healthcare Facilities

Credit Management 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 accounts receivable management company can make the process of setting up a payment plan and collecting on bills less challenging.

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Finding A Collection Agency

Credit Management Company

Perhaps you need to consider working with a collection agency. Read on to learn how to hire a collection agency that will serve your best interest and protect your good reputation. Menacing threats and middle-of-the-night phone calls are not the methods top debt collection agencies use. Evaluate Their Customer Service.

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Paying By Text Growing in Popularity

Credit Management Company

The data that was collected focused primarily on health issues. 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.

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How Can Technology Improve Revenue Cycle Management?

Credit Management Company

Predictive Analytics in Healthcare. Here are two examples of how this is being used on the patient-side of healthcare. Thanks to predictive analytics, a charity score can be generated, that can then be used to write-off an amount before it would be sent to bad debt, and go through the costly collection process.

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How to Design A Bill to Entice Payment

Credit Management Company

With 55 years of experience, Credit Management 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.

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Did You Know Options Can Increase Payments?

Credit Management Company

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.