Upcoming Webinar Date: Thursday, January 14, 2021 Time: 02:00 - 03:00 PM EDT Duration: 1 Hour It is no secret that rising patient bad debt and the economic impact due to COVID-19 has caused health system revenue cycle leaders much heartburn in the last few quarters. Most importantly, provider revenue has become significantly reduced due to limitations on elective procedures, increased costs due to the pandemic and increased unemployment. In 2021, revenue cycle leaders and their teams must stay laser-focused on collecting from what is rapidly becoming the largest payer and from whom it is the most difficult to collect: the patient. Sponsored by iVita Financial, Eliciting Insights recently conducted research on key patient collections strategies with revenue cycle leaders to understand current perspectives, future trends and opportunities, and which strategies were deemed to be most successful for both balance after insurance and self-pay Join us on January 14 at 2:00 pm ET for an informative webinar where we will review the results of this important study. - Learn the results of a recent study with hospital revenue cycle leaders on trends in patient collections improvement.
- Understand how your peer hospital leaders are investing in various patient collection strategies in 2021.
- Compare and contrast several patient financing options commonly in use today.
- Review the ROI numbers on collection yields for a patient financing program compared to other collection programs.
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