The practice of zero-day billing — billing as soon after the date of service as possible — was meant to promote cash flow. Yet, changes in commercial healthcare have rendered this once tried-and-true approach obsolete. Today, high deductible insurance plans and patient out-of-pocket costs have ballooned, leading to increased bad debt on EMS providers’ books.

A new approach, called “right-day billing,” can help reduce bad debt and maximize revenue by factoring in deductible status, optimizing claim submission timing, and shifting primary financial responsibility back to payers.

Watch this webinar to learn:

• How right-day billing is more appropriate for today’s commercial health insurance coverage and can generate more revenue than zero-day billing
• How automated RCM optimization tools can be used to monitor patient deductibles and execute right-day billing
• How payer mix plays a key role in timing claim submissions