Top five ways healthcare providers can improve collections in 2021
Providing patient care is a balancing act. The pandemic has underscored it even further. On one hand, the care needs have gone up while on the other, the patients are facing financial hardship because of uncertain economic environment. Healthcare providers, whether clinics or hospitals, are faced with a major challenge to maintain a healthy cash flow. They need to pay the office rent, staff and other suppliers on time while minimizing the monthly credit requirement.