Online Pay-Plan Management
Pay Plan management is an automated payment plan option for patients at the date of service. Patients have the ability manage their account with an automated monthly remitted payment plan. Duration and increments are agreed upon at your facility, and the patient signs an agreement form with their debit or credit card.
Payment Monitoring (Pre-Collections)
Many providers offer payment solutions for patients that have set up long-term pay-plans with a facility to recollect owed balances. However, facilities may find it difficult to manage large volumes of long-term accounts receivable. Payment monitoring is designed to act as an extension of your billing office and offers a solution for AR management. Patients have the flexibility to resolve their balances with call center support, access to their bill online, and several other remittance options. Facilities overhead costs are lessened and employee time is freed up for other tasks.
Early Out (Pre-Collections)
Our pre-collections ‘Early Out’ billing alternative is a good option for providers to recollect low age AR. Without credit reporting to reinforce patient remittance for balances owed, pre-collections offers flexibly to the patient to manage the amount still owed. Patients can resolve their balance, or set up an automated/manual payment plan with Mnet Financial directly.
Bad Debt Recovery
Patient bad debt recovery starts with a solution; a healthcare-specific collection agency. Patient’s bad debt accounts are recollected with trained healthcare call center representatives and letter notices that appeal for balances owed to the provider. Providers have the option to reinforce their uncollected bad-debt accounts with credit reporting.