How The Statistics Show Patient Financial Engagement Is What Everyone Wants
70% of providers said it takes more than 30 days to collect payment after a patient encounter, and 74% said it takes more than one statement to collect. Part of the problem is that 75% of providers are still relying on paper and manual processes for collection. However, this practice doesn’t line up with what patients actually want. Providers want to get paid timely and patients want more convenience.
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