Credit Score No More: Why New Creditworthiness Calculations Have Medical Practices on Alert
As of October 2022, VantageScore — a leading credit-score model development company — will not consider medical collection information to determine a person’s creditworthiness. Good news for consumers...bad news for practices.
To protect your cash flow and profitability, you need to take proactive measures against collections issues.
That means adapting your patient engagement workflow to collect payment for non-covered treatments and procedures and verify insurance eligibility as early as possible in the patient journey.
This eBook explains the easiest and most scalable ways to do this — simplifying your collections process and creating a more comfortable and convenient experience for patients and staff.
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