Revenue cycle metrics
Patient responsibility
The deductible, coinsurance and copay portion the patient owes after the payer adjudicates.
What it means in dermatology
High-deductible plans have moved a substantial share of dermatology revenue to the patient, especially in the first quarter of the plan year and for elective or surgical services.
Collection rates fall sharply once a balance leaves the office, so estimating and collecting at the point of service is the single highest-yield change most practices can make.
Why it matters to your revenue
Patient balances are the fastest-growing and hardest-collected segment of dermatology A/R.
See this term in your own numbers
A free claims audit reviews a de-identified sample of your dermatology claims and returns a line-item findings report — including where terms like this one are costing you money.
Request a free claims audit