AR Logix Healthcare Revenue Cycle Blog

Is credit reporting the right choice for your medical practice?

Posted by admin on Sep 24, 2015 4:00:53 AM

You just received a phone call from an upset patient because their overdue balance with your practice is affecting their credit, and they are trying to get a loan for new car. It is the mission of your healthcare organization to establish lasting relationships with your patients while providing the highest quality patient care, so you begin to wonder whether credit bureau reporting past due balances is really the right choice for your practice.

Co-Pay vs. Candy Crush

Posted by admin on Feb 5, 2015 1:43:21 PM

 It is the mantra of practice managers and revenue cycle managers, and the headline of industry articles daily: collecting at time of service is important. But why? 

What is FICO 9?

Posted by admin on Oct 16, 2014 7:00:36 AM

 A big change is coming for debt collections. FICO has announced that its newest scoring model, FICO 9, will disregard paid collection agency accounts and will place a lower weight on medical debt. Under the new score, those consumers with only medical debt on their records are expected to see an average score increase of about 25 points.

3 Keys to Surviving Healthcare Reform: Empowered Staff, Efficient Processes & Consistent Collection Efforts

Posted by admin on Oct 1, 2014 3:18:00 PM

It’s no secret that the healthcare reform is changing the way medical providers operate. Patient responsibility is higher than ever, and consumers are having a difficult time understanding their new policies. This leads to higher patient balances, which often go unpaid. In addition, with co-pays, deductibles and co-insurances on the rise, patients are beginning to shop around for care. In order to compete, the emphasis in medical practices must shift from volume to value.  

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