In this article, we will look at payment collections in healthcare. The Covid-19 pandemic has affected bill costs and exposed certain issues in payment collections across the world. Insurance coverage for a patient’s health expenses is expanding beyond in-patient coverage to out-patient. In-patient expenses are related to patient’s charges in the hospital for procedures and stay. The expenses are the sum of the medical specialist’s charges and the general medicine doctor’s standard charges. The hospital or the clinic where the patient stays charges the patient for the stay and food provided in the hospital or clinic. Diagnostic centers are also the key players in the healthcare industry related to payment collections.
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