InstaMed Blog Archives

How to Guarantee Patient Payments When Deductibles Reset

Let’s face it: patients are frustrated with confusing and inconvenient healthcare payments experiences. They can become even more frustrated at the start of a new year when deductibles reset. Patients may not fully understand deductible resets, their healthcare plan’s policies or healthcare vernacular in general. When patients are confused, they are less likely to pay, which can lead to bad debt and uncollected balances. Providers can evaluate their billing and payments processes and consider implementing changes that will improve the

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