The pandemic caused by Covid-19, a disease caused by the coronavirus, has significantly impacted the management of medical bills, especially practices and clinics that depend on daily service to maintain their financial commitments.
To better understand the impacts that the coronavirus pandemic has had on the management of medical bills, we have separated some relevant topics and created the content below.
Check it out and make the best use of it to update and prepare:
Payment to employees
Even though the Federal Government launched a support program for companies in this time of crisis (BEM), many medical offices, as well as clinics and health plan operators, had their accounts impacted, as there was, without a shadow of a doubt, a reduction in entry of revenue into your cash register.
As a result, many of these locations began to face difficulties in maintaining their workforce, as this requires payment of salaries, as well as labor and social security charges.
Basically, many of these companies had to join the Emergency Employment and Income Maintenance Program, which was launched by the Federal Government.
This program provides that part of the worker's salary is paid by the Federal Government and the other by the company.
Payment to suppliers
Payment to suppliers has also been impacted, and this task is one of the duties of the medical accounts management team.
Many of the companies basically had to renegotiate debts and contracts, with the aim of obtaining a longer period of time to pay off their financial commitments.
This is because most medical companies, like the ones we mentioned, had their cash flow affected, due to social isolation, which forced offices, clinics and health plan operators to close their doors temporarily, until the end of the quarantine.
Digital service
In order to avoid a reduction in revenue, many companies linked to the medical sector had to adapt the way they provide services. Moving from in-person to digital, at least during the quarantine period.
Some of them, certainly, managed to maintain their cash flow; others, however, do not. For information, it is worth mentioning an article that was produced by PNB Online, a news portal on the most varied topics that affect society and public opinion.
According to the article, several dental offices closed their doors during this pandemic, as well as other branches, such as psychology, physiotherapy, etc. The main reason why most of these locations closed was due to reduced cash flow. Without service, there is no income.
As can be seen, the pandemic had a financial impact on the management of medical bills, causing many healthcare establishments to close their doors.
And how are healthcare providers?
In the case of healthcare providers, during the pandemic there was precisely the opposite, a reduction in costs for consultations and exams, but this demand is repressed and tends to come to the surface, especially with the end of social isolation and flexibility in the opening of various sectors. .
The forecast is that there will be a boom in the use of health plans in the post-pandemic period and the question is? Is your healthcare provider prepared to control all upcoming expenses, reducing waste, cancellations and, most importantly, claims?
Read too: Check out the impacts of Covid-19 on the health insurance sector
For many health operator managers, having a medical bill audit system can be essential to face this moment. Be sure to prepare if your healthcare provider does not yet have a trust system in place. We invite you to discover SAUDI, which has all the necessary modules to revolutionize the management of healthcare costs in your health plan operator.
Interested in finding out more? Learn more about the system SAUDI and request a presentation to our commercial team without obligation: via contact or by phone (21) 2507-4321
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