6 Tips On How to Improve Your Collection Rates for Small Balance Claims

As the healthcare industry continues to change and evolve, many hospitals are trying to adapt in order to maintain or increase their profits. With the increase of health plans featuring high deductibles and increased pressure on reimbursement rates, many health systems and hospitals have begun looking for any ways they can find to improve their collection rates so that they can bolster their finances within this new environment. Let’s take an in-depth look at 8 different ways for hospitals to improve their collection rates on small balance claims.