Hospital & Healthcare Management March 20, 2024
Healthcare facilities are busy with patients thronging the place for both ambulatory and admission services. Things get berserk at times as the target client is not just a consumer but one with medical conditions that do not warrant waiting for too long to get their bills cleared. While handling the influx of patient claims and payments, the staff have to be extra careful when checking the medical coding and billing. Any inappropriate bill will not go through the claims department of the insurer.
Till recent times, sending and receiving invoices was a slow and error-prone manual process. Many hospitals and clinics still use paper invoices and checks, which are inefficient and costly. Today, with better technology like Order-to-Cash solutions,...
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