Practice Management

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  • 1.  Patient Financing Solutions

    Posted 06-01-2018 13:42

    Hello,

     

    We are currently exploring possible vendors for patient financing solutions (ex. Health First Financial). I would appreciate any recommendations for a vendor partner including if they specialize in radiology.

     

    We have had inquiries from patients lately wanting to use Care Credit, which has a higher fee than traditional credit cards. Is anyone accepting Care Credit and, if so, has it been effective in increasing collections for patient due balances?

     

    Thank you in advance for your assistance!

     

    Jennifer Kammer, MBA | Executive Director

    Vancouver Radiologists, P.C.

    4201 NE 66th Avenue, Suite 104

    Vancouver, WA 98661

    P: 360-449-4966 | F: 360-449-4961

    jkammer@vanrad.com

    www.vanrad.com

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  • 2.  RE: Patient Financing Solutions

    Posted 06-02-2018 08:38
    We utilize Care Credit and a local banking source.  We have little activity in both.  Some patients do not bother applying thinking they will not qualify or simply do not want another credit card.  We have found few will take advantage of the "interest free" terms on Care Credit.  The fees are higher but the few that have applied, it was a smooth transaction process.
    --
    Dawn R. Krueckeberg, MBS
    Billing Operations Manager
    P: 2604694766
    F: 2604845919


    FWRadiology           .
    3707 New Vision Drive
    Fort Wayne, IN  46845