As you may already be aware, the United States Postal Service (USPS) announced postage increases that will take effect on Sunday, July 14, 2024.
In response to the USPS increase and processing costs, the price for patient statements has also increased. Effective Thursday, August 1, 2024, the new pricing will be $0.92 per the first page of patient statements and $0.76 per paper claim. All other pricing will remain the same.
Please note: ModMed® gBOOST customers with RCM Agreements that include patient statements in the cost of service will not be impacted by this increase.
As USPS postage costs continue to increase, ModMed offers tools to help reduce your patient statement costs, including:
- Setting a minimum patient balance for paper statements (e.g., $10)
- Using Text to Pay
If you have any questions regarding this postage change, please contact our Support Team.