​In the not so distant past, healthcare providers realized that attempting to collect Self Pay dollars closer to the date of service date yielded better returns. Patients were more inclined to pay for a recent encounter than to be faced with medical bills months after the service was provided. Memories of the encounter were fresher and there were fewer questions to be satisfied before the bill was paid. Providers realized giant improvements as Early Out companies collected Self Pay dollars earlier and with a better net return.

In the not so distant past, healthcare providers realized that attempting to collect Self Pay dollars closer to the date of service date yielded better returns. Patients were more inclined to pay for a recent encounter than to be faced with medical bills months after the service was provided. Memories of the encounter were fresher and there were fewer questions to be satisfied before the bill was paid. Providers realized giant improvements as Early Out companies collected Self Pay dollars earlier and with a better net return.
 
​Today more than ever, providers are working hard to identify Self Pay dollars and to focus on Point of Service collections. A NEW TREND is to incorporate PreServices as a way to collect Self Pay dollars BEFORE the patient arrives.

 
CEO Joe Uptain spoke to the MedCo staff Friday morning about the significant business process improvements that MedCo has undergone in 2016 and about the growth we have seen and expect to see for 2017! Congratulations MedCo!