The Meduit Innovation Lab Blog

Drive More Cash from Self-pay Accounts

Posted by Meduit RCM on Jan 5, 2021 7:17:00 AM

Due to escalating unemployment associated with the COVID-19 pandemic, more patients have lost their employer-provided insurance, and providers are missing reimbursements from those patient accounts.

MedEBO recovers cash from self-pay accounts before they are written off to bad debt. Our compassionate, caring team are experts at working with patients to help them pay their medical bills, with plans tailored to their specific needs. Our team leverages leading-edge technology to determine patient propensity to pay and prioritizes outreach to patients who are more likely to pay.

For patients who need a payment plan, MedEBO offers MedEZPay, a patient payment plan that partners patients with lending institutions to set up a payment schedule with zero to low interest loans. MedEZPay is a win-win. Patients qualify with no credit check and can pay off their medical expenses with a plan created for them. The provider recovers cash that likely would have been written off to bad debt.

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Topics: extended business office

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