5 Ways Outdated Healthcare Billing Hinders Patient Care
Skipping investments in new healthcare billing systems? There’s a price for that. While it may seem tempting to hold onto legacy systems as long as possible, not upgrading creates challenges for the provider, the facility, and the patient. 1. Excessive Postage Costs Older systems may not have the capabilities of newer ones, which means you could be leaving significant time and money on the table. And, as technology goes, older systems become more expensive to maintain and less secure over time. Consider these five challenges that older healthcare billing systems create and why it’s time to upgrade to a cloud -based healthcare billing service. The cost of sending paper mail is rising. Earlier this year , the U.S. Postal Service petitioned to increase the price of a single stamp by as much as $0.03. The last increase was just a few months prior, when stamp prices increased from $0.60 to $0.63 . Inflation is a likely culprit, but even as the economy corrects itself, postage rates ra