As healthcare systems face tightening margins and escalating expenses, many are seeking to strengthen their revenue cycle management (RCM). While traditional RCM efforts often concentrate on claims processing and denial management within a complex payer landscape, patient receivables are frequently handed off to collection agencies or vendors with recourse.

Unfortunately, by the time providers turn to these options—often months after non-payment—cash flow is further delayed, and the patient experience can deteriorate. When patients are confused on uncertain about how to pay their balances, it not only impacts collections but can also discourage them from seeking future care.

HealthBridge Financial offers a distinctive solution designed to improve liquidity and margins tied to patient receivables as well as improving the patient experience. Through the HealthBridgeProgram, healthcare systems can accelerate patient payments while giving patients flexible, manageable payment plan options—whether they are insured or not.

The HealthBridge Program

·       Accelerates patient self-pay revenue

·       Reduces administrative expenses

·       Provides a consistent patient experience within your EMR

·      Offers equitable patient payment plans with no credit checks

A consistent cash flow for patient receivables is vital for financial performance and stability. HealthBridge Financial can help you transition from a variety of vendors to a streamlined, effective program that benefits both you and your patients.

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