Overview
The Cash-Pay Patient Opportunity: Improved Bottom Line
The patient billing process for complication related extra-expenses is costly and inefficient. Trying to collect from the patient for complication related expenses is frustrating, often futile and potentially increases the likelihood of a patient seeking redress by legal means.
The BLIS program offers hospitals an effective process for growing the bariatric service without the usual billing and collection headaches. The cash pay patient pays in full and up front for the procedure, providing the hospital with higher margins and improved cash flow. In the event of a covered complication, BLIS pays all the medical providers on a direct basis according to pre-negotiated terms, eliminating the need to bill and try to collect from the patient.
Working with a BLIS Surgeon protected by BLISCare improves the hospital's bottom line by providing full margin patients and financial protection for covered complication related extra expenses.
The BLIS program offers hospitals an effective process for growing the bariatric service without the usual billing and collection headaches. The cash pay patient pays in full and up front for the procedure, providing the hospital with higher margins and improved cash flow. In the event of a covered complication, BLIS pays all the medical providers on a direct basis according to pre-negotiated terms, eliminating the need to bill and try to collect from the patient.
Working with a BLIS Surgeon protected by BLISCare improves the hospital's bottom line by providing full margin patients and financial protection for covered complication related extra expenses.
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