Tag Archives: Debt

Benefit design, higher deductibles will increase bad debt for hospitals

Changes in insurance benefit design that shift greater financial responsibility to the patient, rising healthcare costs and confusing medical bills will continue to drive growth in bad debt — often faster than net patient revenue, according to a new report from Moody’s. Legislative proposals to simplify billing have the potential to reduce bad debt, but… Read More »

Specialized Software Systems Help Debt Collectors Do a Better Job

Collecting on debts is rarely easy, but it is an important part of business for many companies today. Collection Software that streamlines the activity can easily improve results and cut costs at the same time. Instead of sticking to disorganized, inefficient processes that might have been thrown together without thought, many companies will do well… Read More »