Is your medical office devoting needless time and resources to patient collections? Automated patient collections can help streamline workflows and increase revenue.
How Do Automated Patient Collections Work?
No longer do your patients have to experience uncomfortable financial conversations at the front desk, and your staff does not need to make countless phone calls to collect overdue payments.
Improve your cash flow and collections rate with simple, streamlined patient collections solutions from Clearwave.
Clearwave’s advanced technology automatically generates estimates of patient responsibility and requests co-pays and past-due balances upfront. It’s a method that increases transparency while changing the psychology of patient payment, driving double-digit increases in point-of-service collections.
Interested to learn what you could save by implementing digital check in? Try the Clearwave ROI Calculator to analyze your savings:
Patient Collections Using Card On File
With ‘swipe and hold’ you can automate future payments, too. Our automated collections process helps patients and staff save time. With card on file, your office can collect patient credit card information without processing a payment, storing it for use at a later date in a secure, compliant environment.
Card on file is a safe and effective way for patients to pay their medical bills. Your patients can either consent to have their card charged as needed or opt to review and approve any payments using their card on file.
Revenue-Driving Collections Results
Our users have seen outstanding increases in patient payments with Clearwave’s automated patient collections software. Clearwave clients have seen demonstrable increases in collection rates, such as:
- 25-60% increase in point-of-service collections*
- Up to a 68% reduction in outstanding balances over 120 days*
Increase Patient Satisfaction with Modern Collections Solutions
Patient expectations are changing. Your patients want fast, reliable payment solutions that are convenient to use. Upgrading your collections process can increase patient satisfaction and help you to connect with busy, on-the-go patients.
Don’t waste another day utilizing outdated, ineffective collections processes. Dramatically increase point of service collections by over 20%* - take the first step by scheduling a demo today!