Reports show that roughly 42.9 million people with credit records have unresolved medical expenses. It’s no surprise that patient payments continue to be a difficult task in revenue cycle management for billing administrators.
Medical practices, ASCs and hospitals all face big hurdles when it comes to collecting payment from their patients. MGMA (Medical Group Management Association), surveyed more than 2,000 health care professionals and came up with this list.
abeo Management Corporation (abeo) serves as a leading source of revenue cycle management and practice management with a specialization in anesthesia. The company leverages its people, processes, and software to serve independent practices, surgery centers, hospitals and healthcare systems with a scope of services that include billing, coding, transcription, practice management, and business consulting.