MX Medical Simple Motion Graphic by Eggplain
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Operating a successful medical practice in today's world requires more than being a great doctor.
With the insurance landscape rapidly changing and patient financial responsibility for payments significantly increasing, most practices are experiencing problems with receivables and handling patient payments.
It’s not that patients don’t want to pay, but most people have a difficult time understanding their responsibilities within the new health care system and insurance plans.
But there is a solution to help providers. We are excited to announce MX Medical.
Mx Medical starts by delivering estimates at the point-of- sale which inform patients about their medical costs and what their responsibility to the providers will be.
Patients are then presented with a range of payment options, making it easy to find one that works for them.
Once they leave, patients receive regular communication about the status of their bill, payments, and notifications to ensure they are informed and continue to pay.
Using MX Medical delivers patient collection rates as high as 93%, and reduces dollars sent to collection by up to 50%.
MX Medical also reduces patient statement expenses by 25%, and lowers the accounts receivable amounts and time significantly.
In short, MX Medical simplifies and improves the payment process while freeing up valuable time for other office tasks and care giving.
Contact us to schedule a product demo today!