December 31, 2014
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Improvements in payment technology can benefit physicians

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Patient balances and the number of people who are at risk for high deductibles are on the increase. Many patients face deductibles of $5,000 or more under a number of Affordable Care Act exchange plans. As the shift in patient financial responsibility from employer to employee and other risk factors make it more difficult for physicians to collect balances, one can reduce accounts receivable by better use of payment technology.

We surveyed national workshop attendees to see how often and how well they use technology in their practices. Half of those surveyed said they are gradually getting the hang of payment technology, but cannot qualify themselves as “tech super-users” yet. The following are some tools and tips to get you closer to that super-user level.

Click here to read the full story by Arielle Nelson, MFA, in the December issue of Orthopedics Today.