KAREO BILLING Patient Statements
With Kareo Patient Statements you can spend less time billing and increase patient collections.
Patient Statements view details view less
As patient collections continues to increase as a portion of your practice’s A/R, it’s important to have the right tools to collect what you are owed.
Kareo offers four ways to get statements out to your patients quickly along with an option for online bill pay. Use these tools to reduce your patient billing cycle and increase revenue.
Send Text Balance Reminders
Kareo’s actionable text balance reminders ensure patients receive alerts regarding outstanding balances while their visit is still top of mind.
Send Electronic Statements
Before you spend time and money on mailing patient statements, send your patients an electronic statement. From the electronic statement, the patient reviews the balance and can make a quick, convenient, and secure payment online. If no payment is made, you can automate the printing and mailing of paper statements using the workflow within Kareo.
Use the Kareo Patient Statement Mailing Service
Accelerate your patient collections, save staff time, and cut processing costs by using Kareo’s patient statement mailing service.
With a few mouse clicks you can easily send a batch of patient statements at any time that are designed to reduce patient confusion, clearly present pay¬ment options, and show amounts paid and outstanding.
These intuitive, patient-friendly color statements can reduce billing questions by 50% and increase collections by as much as $7,000 per year per provider. Statements are double-sided and only cost $0.28 for the first page and $0.12 for each additional page, plus postage.
The features of these intuitive statements include:
- Clear Amount Owed
- Friendly Instructional Messages
- Convenient Payment Options
- Explanation of Bill At-a-Glance
- Custom Practice Contact Methods
Print Patient Statements On-Demand
At any time, Kareo's web-based medical billing software enables you to prepare on-demand patient statements if you would like to provide a patient with a walk-out statement or if you would like to send a patient their latest statement in response to balance inquiries.