MailMyStatements Blog

Most medical systems share a common struggle: collecting patient payment. Recent uncertainty in healthcare only adds to this stress for both patients and practices alike. While the healthcare industry continues to change in the coming years, the importance of medical practices staying current with patient payment trends will grow significantly. By doing so, you can ensure you reach patients in their preferred method of communication while also reducing the effort and stress associated with making payments. Outsourced medical billing is increasing in popularity Medical practices typically focus on one top priority: providing care to those with health problems. Billing, mailing, and collecting payments typically are not strong suits of a medical practice, even though these processes are integral functions of staying in business. More and more healthcare systems are opting to  outsource their medical billing and collections  to increase efficiency, enhance security, and provide m...

As a healthcare provider, the need to stay HIPAA-compliant is not news to you.  Violation of HIPAA regulations  is no joke — fines range from $100 to $50,000 per violation (or per record), with a maximum penalty of  $1.5 million per year  for each violation. With the rising concern about cybersecurity and the privacy of patients’ Private Health Information (PHI), having the proper IT security measures in place is now a must for healthcare organizations of any size. The Cost of a Data Breach Is Rising Cybersecurity is continuing to be a major issue for the healthcare industry. The latest “Cost of a Data Breach Report” published by IBM Security and Ponemon Institute found that the healthcare industry has the highest cost associated with data breaches, costing affected organizations  nearly $6.5 million  each — over 60% higher than in other industries. The financial consequences of a data breach can be particularly acute for practices with fewer than 500 emplo...