What is Omnichannel Patient Billing?
Are you part of the nearly 100% of healthcare providers that still use only paper to communicate with patients? If yes, you may also fit in with the majority who cites patient payment collections as one of their top revenue cycle management concerns. While the use of paper is generally becoming outdated, it still holds an important place in the healthcare industry and will likely remain the main form of patient-practice communication for many more years. In contrast, although technology-driven communication and payment methods are gaining popularity throughout the healthcare industry, adoption is still surprisingly low. Using a combination of both channels (paper and digital) may be the most successful way to effectively communicate with patients and encourage payments. What Does Omnichannel Mean? If you’re unfamiliar with the latest healthcare buzzword, omnichannel billing encompasses the idea of using varied channels to effectively reach an audience. Like...