There are five core elements of a point-of-sale system — and we explored how each one is essential for creating a smoother ...
As providers continue adjusting to the reimbursement changes wrought by the Affordable Care Act, it appears increasingly likely that hospitals will place more emphasis on collecting payments at the ...
Point-of-service collections have become more important to hospitals as high-deductible policies become more common and more patients are uninsured, says Suzanne Lestina, director of revenue cycle at ...
Learn what a point of sale (POS) system is, how it works in both physical and digital stores, and discover its role in inventory and sales data management.
As hospitals look for simple ways to clear bad debt, point-of-service collections have made their way into the foreground. If patients pay before or on the day of their surgeries, it eliminates ...
According to Suzanne Menard, Revenue Cycle Director at Southern Maine Medical Center (SMMC), some of the most important keys to implementing a successful Point of Service (POS) collection program ...
“I’ve been treating patients since 1983. I’ve never had a patient come up to me and say, ‘I want to die cost efficiently.’ Never. Not once.” Those were the opening remarks from Andrew L. Pecora, MD, ...
It also can lead to improved satisfaction for patients and staff. A June 3011 survey of healthcare finance professionals at ANI: The HFMA National Institute found that point-of-service collections- ...