BHG Patient Lending
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Recent Blog Posts
How to Support Your Patients and Your Business While Reopening Your ASC
Around the country, surgery centers are reopening or preparing to reopen, all with the goal of maximizing procedures and kickstarting revenue cycles after COVID-19 shutdowns. Most centers have focused significant energy and resources on preparing their staff and centers to meet CDC, state, and federal safety guidelines. However, there are additional preparatory measures you should consider in order to provide a positive experience for your patients and protect your revenue.
How Transparency Improves Your Patient Experience And Your Bottom Line
For most ASCs around the country, 50% of all patient financial responsibility goes uncollected following a procedure1. While several factors contribute to unpaid patient bills, there are simple steps that surgery centers can take to increase payment rates while also improving patient experience. It all starts with procedure price transparency.
3 Business Benefits of Offering Patient Financing
For many ASCs, even the most prosperous times come with issues surrounding patient payments and revenue cycles, specifically patient responsibility.
How ASCs Should be Communicating with Patients During COVID-19
With the current healthcare landscape in a state of flux, many ASCs have questions about how to navigate their business operations and maintain connection with patients. COVID-19 has put surgery centers in an unprecedented position, with many struggling to determine the answers to critical operational questions like, “Do we hold off on submitting insurance claims?” “Do we hold off on collections?” “Do we hold off on patient communication until we know more?” The truth of the matter is, to preserve patient relationships and financial viability, ASCs must act–now.
Press
Recovering Rrom the Financial Impact of COVID-19
BHG Patient Lending was a recent guest on the Becker’s Healthcare Podcast. Listen to the interview to hear how hospitals and healthcare facilities need to adapt to today’s new environment in order to recover from the pandemic.
Practice Financing Part 2: Patient Lending Programs
Physicians Practice recently interviewed Keith Gruebele of BHG Patient Lending about how a patient lending program can benefit both healthcare facilities and patients.
6 Strategies to Re-Invent the ASC Revenue Cycle
In a webinar hosted by Becker’s Hospital Review, BHG Patient Lending provided tips on re-inventing the revenue cycle during unprecedented times.
Capitalizing on the Coronavirus
Outpatient Surgery Magazine spoke with BHG Patient Lending about how the challenges of the pandemic offer opportunities for long-term improvement.